The U.S. dollar moved in a tight range on Wednesday, but stayed largely firm against its major counterparts, with investors reacting to the Federal Reserve's testimony before the Congress, and digesting the private sector jobs data.
Payroll processor ADP released a report this morning showing private sector employment in the U.S. increased by more than expected in the month of February.
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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.