Dollar Climbs Ahead of Busy Week for Central Banks

Dollar Climbs Ahead of Busy Week for Central Banks
U.S. Dollar and Euro banknotes are seen in this illustration taken on July 17, 2022. Dado Ruvic/Reuters
|Updated:

SINGAPORE/LONDON—The dollar advanced on Monday, regaining some ground lost earlier in the month, at the start of a week packed with data releases and central bank rate setting meetings, including by the Bank of England and the Federal Reserve.

The euro slid 0.5 percent to $0.9919, sterling lost 0.56 percent to $1.1549, and the dollar rose 0.57 percent against the Japanese yen to 148.2, as the weakness seen in the greenback earlier in the month continued to fade.