The U.S. dollar continued to exhibit strength against most major rivals on Tuesday, riding on the latest batch of economic data and on optimism about a U.S.-China trade agreement.The downward revision in China's growth forecast too supported dollar's uptick.The Dollar Index rose to 97.01 before paring some gains. Still, at 96.80, the index was up by about 0.2% from previous close.Against the Briti...
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Forex News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.