The U.S. dollar turned in a somewhat sluggish performance on Tuesday amid uncertainty about the outcome of the presidential election.
Due to a lack of progress in stimulus negotiations, the dollar saw some early strength, but lost its way fairly quickly with the focus shifting to upcoming election, and updates on coronavirus infections.
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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.