The U.S. dollar gained in further strength on Thursday, with the world's largest economy showing signs of growth even as growth outlook in several other parts of the globe continue to remain uncertain.
While a report showing a jump in durable goods orders in March supported the dollar, a mixed bag of earnings reports and data showing a bigger than expected increase in initial jobless claims last week limited the greenback's rise a bit.
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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.