U.S. Dollar Rallies Again

The dollar rose for a second straight session on Monday in thin trading, after data suggesting the U.S. economy might be stabilizing following a soft patch in the first quarter helped the dollar recover after a two-week drop.

The greenback moved in tight ranges against major currencies as trading was thinned by market holidays in Britain and Japan.

The dollar index gained about 0.7 percent on Friday after data showed a jump in consumer sentiment and stronger-than-expected vehicle sales.