Dollar edges higher as China COVID worries spur defensive buying
reported two deaths for Nov. 20, with the city's most populous district urging residents to stay at home on Monday, extending a request from the weekend as the country fights numerous COVID-19 flare ups.
"If we do see another set of step up in restrictions, it indicates to me that the Chinese officials are still wary of any eventual reopening." The dollar index , which measures the greenback against six major peers, rose 0.412% to 107.330 on Monday, touching its highest level since Nov. 11. The index advanced 0.5% last week, clocking its biggest weekly gain in a month as investors flocked to the safe haven currency.
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