The U.S. dollar firmed up against other major currencies on Wednesday, rebounding from recent losses.The dollar gained as the minutes from the Federal Reserve's latest policy meeting showed some members felt it would be appropriate to discuss tightening its accomodative policy.The dollar index rose to 90.29 before paring some gains. It was last seen at 90.18, up nearly 0.5% from the previous close...
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Forex News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.