SINGAPORE/LONDON—The dollar rose on the first trading day of the year, as attention turned to U.S. jobs data and European inflation numbers this week which may provide clues on central banks’ next moves, while bitcoin rallied.
The dollar index, which measures the U.S. currency against six rivals, was last at 101.55, up 0.17 percent. It fell 2 percent in 2023, snapping two years of gains as investors weighed the prospect of the Fed cutting rates this year.
