The dollar traded higher Monday, supported by higher U.S. Treasury yields as traders viewed Friday’s sharp moves on finding the omicron COVID-19 variant as overdone. At 2:55 AM ET (0755 GMT), the Dollar Index, which
The U.S. dollar climbed higher, and the Japanese Yen steadied on Monday. On the other hand, the Euro tumbled down. Still, forex markets calmed after the initial shock of discovering a new Covid-19 variant, reversing
Risk-off currencies rallied on Friday as the discovery of a new Covid-19 variant sent traders dashing for the safety of the Swiss franc and the Japanese yen. This new version is potentially resistant to current
The Indian rupee fell to its lowest level in three weeks, and bond yields slipped on Friday as worries over a new coronavirus variant alarmed markets across the globe. Shares and currencies in Asia’s emerging
The U.S. dollar traded near its highest level in over a year against the Euro. It also remained close to a five-year peak versus the Japanese yen. Buoyed by solid U.S. data, Federal Reserve policymakers
The euro tumbled down on Wednesday, ending the session in the red. According to a new survey, German business morale sharply deteriorated in November. In Asia, the Turkish lira traded under pressure as President Tayyip
The U.S. dollar rallied on Monday. It traded close to a 16-month high against the euro due to growing anxiety over the impact of soaring coronavirus infections in Europe. Austria announced that it’s reimposing a
On Monday, the Euro dropped to trade near a 16-month low on rising worries over the influence of new coronavirus restrictions in Europe. Austria began a total lockdown, and Germany considered following suit. Austria opened
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