The U.S. dollar rebounded from recent losses and scored gains against most of its major rivals on Thursday on safe haven buying after equities turned weak amid concerns over inflation and the economic impact of the war in Ukraine.In addition to digesting the latest batch of economic data, traders looked ahead to the crucial monthly jobs data, due on Friday.Economists currently expect the report to...
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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.