The U.S. dollar declined from last week’s highs against riskier currencies on Monday. It seems that trader’s worries about the Omicron variant ebbed. However, an expectation of inflation pushing U.S. interest rates higher kept the
The dollar jumped versus its more risk-sensitive Australian and New Zealand matches on Friday, before crucial U.S. jobs data that could clear the path to earlier Federal Reserve interest rate hikes, even as Omicron difficulties
The U.S. dollar rallied on Friday against most major currencies. Investors were waiting for crucial U.S. jobs data that could give the green light to an earlier rate hike by the Federal Reserve. On Thursday,
The dollar traded basically fixed Thursday, with the safe-haven Japanese yen more in demand as concerns over the omicron coronavirus variant mounted, pulling on the South African rand and the Australian dollar. The Dollar Index
Forex market volatility stood near a nine-month high on Thursday as investors weighed the risks posed by ongoing uncertainty about the threat from Omicron and a more hawkish U.S. Federal Reserve. In Asia, the safe-haven
Riskier currencies rebounded from recent lows on Wednesday. On the other hand, the Japanese yen and other safe havens declined against the greenback. In Asia, traders shook off some of their worries about Covid-19’s Omicron
News of a COVID-19 variant probably resistant to current vaccines sent investors dashing for the security of the Japanese yen and the Swiss franc on Friday, and traders also took profits following an extended rally
Risk-sensitive currencies tumbled on Tuesday. On the other hand, safe havens rallied in the Asian session, reversing direction after Moderna’s CEO announced that coronavirus vaccines likely won’t be as effective against the new Omicron variant
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