The U.S. dollar firmed up against its peers on Tuesday, with a substantial part of its gains coming after U.S. President Donald Trump tweeted that he is calling off stimulus negotiations.
Trump tweeted that he has instructed his administration's negotiators to stop stimulus discussions with Democrats until after the Nov.3 presidential election.
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Forex News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.