Dollar Becalmed After Falling in Response to Omicron Hopes By Investing.com

Dollar Becalmed After Falling in Response to Omicron Hopes By Investing.com
Dollar Becalmed After Falling in Response to Omicron Hopes By Investing.com© Reuters.

By Geoffrey Smith 

Investing.com — The dollar was flat in early trading in Europe on Friday, on course to end the week lower after encouraging signs from the pandemic revived global risk appetite, supporting higher yielders. 

By 3:30 AM ET (0830 GMT) the , which tracks the greenback against a basket of half a dozen advanced economy countries, was effectively unchanged at 96.06. Moves in all the major currencies were also minor. The euro was up less than 0.1% at $1.1347 and the pound was up a similar amount at $1.3412.

However, the dollar has lost between 1% and 1.5% this week against and the , and dollars, and nearly 1% against the , as scientific data has dribbled out suggesting that the latest wave of the pandemic will be less economically damaging than previous ones….

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