Dollar Up as Omicron Fears Die Down
The dollar was up on Tuesday morning in Asia as concerns about the omicron COVID-19 variant started receding.
Safe-haven yen, Swiss franc rise on Omicron fears, Fed policy uncertainty
The dollar ticked higher on Friday amid a broadly calmer tone in markets as fears over Omicron’s impact eased, but currency moves were muted ahead of a key U.S. payrolls report that could clear the path to earlier Federal Reserve interest rate hikes.
Safe-haven yen, Swiss franc rise on Omicron fears, Fed policy uncertainty
The dollar ticked higher on Friday amid a broadly calmer tone in markets as fears over Omicron’s impact eased, but currency moves were muted ahead of a key U.S. payrolls report that could clear the path to earlier Federal Reserve interest rate hikes.
Gold Prices Struggle Even as Markets Convulse Amid Omicron Fears
Gold prices seesawed on Omicron variant news as real rates rose. Testimony from Fed Chair Powell now in focus, may offer support. Technically, prices are testing the mettle of a three-month uptrend
