Dollar celebrates 2022 with gains amid positive new year mood

Published by
Reuters UK

LONDON (Reuters) – The dollar ticked up against its major rivals as an upbeat market mood on Monday lifted European equities and government bond yields for the first day of trading of 2022. But with London, Europe’s main FX trading centre closed for a market holiday, volume was expected to remain limited. While the surge in coronavirus cases caused by the Omicron variant continued to disrupt global travel and public services, hopes were high that the economic damage of stringent lockdowns can be avoided. The dollar index, which measures the greenback against major peers, rose 0.12% to 95.79, w…

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