Dollar on track for best year since 2015

By John McCrank NEW YORK - The dollar index dipped on Friday in quiet holiday trading, but was set to end 2021 with a gain of nearly 7% as investors bet the U.S. Federal Reserve will raise rates earlier than most other major economies amid surging inflation driven by COVID-19 stimulus initiatives. The dollar index, which measures the greenback against six major rivals, was down 0.289% at 95.729. (Graphic: world currencies versus the dollar in 2021 http://tmsnrt.rs/2egbfVh)) Set for its best year since 2015, the dollar has been supported by an improving U.S. economy and persistent inflation tha...