The U.S. dollar turned in a mixed performance against its peers on Tuesday, as the currencies reacted to a slew of economic data from across the globe. Data from Markit Economics showed that the IHS Markit U.S. manufacturing index in May was at 62.1 versus an initial 61.5.Manufacturing activity in the U.S. expanded at a slightly faster pace in the month of May, according to a report released by th...
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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.