The U.S. Dollar stayed firm against most major currencies on Wednesday amid renewed optimism about the upcoming high-level trade talks between the U.S. and China.However, prospects for more interest rate cuts by the Federal Reserve limited the greenback's uptick.The dollar index rose to 99.16, after having stayed a bit sluggish earlier in the day. It was seen quoting at 99.12 around late afternoon...
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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.