The U.S. dollar gained against most of its major counterparts on Wednesday, recovering after a fall in the previous session amid bets the Fed will cut rates next year.Traders continued to assess interest rate prospects, digesting mixed comments from Fed officials. While Richmond Fed President Thomas Barkin said the central bank would lower rates if recent progress on inflation continued, Chicago F...
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Forex News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.