SINGAPORE/LONDON—The dollar held on to most of last week’s gains on Monday after posting its biggest weekly rise against a basket of other major currencies since July, putting a halt to the declines seen in late 2023.
The euro was little changed at $1.0934, bruised after a 0.9 percent fall last week brought its recent rally to a sudden end. The yen was a touch firmer at 144.5 per dollar, having weakened sharply from 140.8 per dollar at the start of the year.
