Forex Top Story

Dollar Gains Against Major Rivals, Climbs To Fresh Near 2-decade High

The U.S. dollar climbed higher against its major rivals on Monday, with investors looking ahead to the crucial inflation data due later in the week, and betting on hopes the Federal Reserve will continue with its policy tightening moves.

Worries about growth and fresh curbs in Shanghai to halt the spread of Covid-19 infections contributed as well to the increased demand for the safe-haven currency.

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by RTTNews Staff Writer

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