The U.S. Dollar was little changed for a second straight session as traders stayed reluctant to create significant long or short positions on Tuesday, as they awaited the Federal Reserve's monetary policy statement.The dollar index rose to 97.77, but failed to hold there and retreated briefly into negative territory before edging up to 97.63, netting a gain of about 0.07%.The Fed's two-day meeting...
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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.