The U.S. dollar exhibited weakness against its peers on Tuesday after risk sentiment in the market improved as the European Union leaders agreed on a stimulus package, and hopes about coronavirus vaccines rose.The dollar index, which slipped to 95.05, staged a recovery of sorts subsequently, but was still trailed its previous close by about 0.65% at $95.21 in late afternoon trades.Against the Euro...
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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.