The U.S. dollar moved notably higher Thursday morning, but retreated swiftly and stayed weak right through the session, with traders looking ahead to the Federal Reserve's upcoming monetary policy meeting. The dollar index, which rose to 99.10 early on in the day, dropped to a low of 98.19 before regaining some ground and edging up to 98.37, down 0.27% from previous close.The euro, which was hover...
For comments and feedback contact: editorial@rttnews.com
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.