The U.S. dollar gained against most major currencies on Thursday amid continued optimism about growth in the world's largest economy. The outbreak of the coronavirus in China and the European Central Bank's decision to hold its key rates and asset purchasing program unchanged supported dollar's rise.The dollar index started off on a subdued note, but gained in strength and rose to 97.80 in late mo...
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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.