The U.S. dollar recovered after early weakness on Thursday, but struggled to make a significant move up north, amid conflicting news about U.S.-China trade talks and a mixed batch of economic data.
Dollar stayed above the flat line for much of the day, as the minutes of the Federal Reserve's October monetary policy meeting suggested the central bank is very likely to hold rates unchanged in the near term.
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.