The U.S. dollar swung between gains and losses against major currencies on Tuesday as a raft of stimulus measures announced by the Federal Reserve in recent days and the massive relief package announced by the government weighed on the currency. The dollar index rose to 99.95 early on in the day, and after a fall into the red by noon, recovered well but turned weak again in late afternoon trades.I...
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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.