The U.S. dollar was down against most of its peers on Wednesday, extending recent weakness, amid continued focus on updates on stimulus talks.
U.S. House Speaker Nancy Pelosi said on Bloomberg TV that legislators are starting to commit the measure to paper, but cautioned "Legislation is tough."
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Forex News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.