The U.S. dollar firmed up against major counterparts on Tuesday amid rising bond yields thanks to the momentum in vaccine rollout and on expectations of more stimulus measures.
Markets are awaiting President Joe Biden's announcement about infrastructure spending plan, due tomorrow.
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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.