dollar strength Investors trade cautiously | RYT9 –

The dollar rose today amid cautious trading As investors assess the impact on the economy from the Covid-19 epidemic Omicron species

As of 11:31 p.m. PST, the dollar was 0.18% to 115.15 yen, while the euro was down 0.05 percent to 130.37 and 0.24 percent to $1.132. The index measures the dollar’s movements against six major currencies in a basket of currencies, up 0.11% to 96.03.

The market is sparsely traded today. while investors delayed transactions before the end of the year

Analysts still believe the dollar will rebound in the long term. This was driven by expectations that the Federal Reserve (Fed) may raise interest rates as early as in March 2022. And it will raise interest rates three times next year to curb the spike in inflation.

Investors continue to keep an eye on the spread of COVID-19. Omicron species

Dr. Anthony Fauci, Chief Medical Officer of the Working Group on COVID-19 Control of the White House Comments in support of the US Centers for Disease Control and Prevention (CDC) recommendation to reduce the duration of quarantine for those infected with COVID-19. who showed no symptoms, leaving only 5 days from the original 10 days by Dr. Fauci stated Reducing the quarantine period to half will allow people to return to work faster.

Studies from South Africa, England and Scotland indicate that people infected with COVID-19 The Omicron strain has a low risk of hospitalization. compared to those infected with the COVID-19 virus. other species

In addition, a study from South Africa indicated that covid-19 infection Omikron species will help the body to increase the resistance to Delta species.

Source: InfoQuest news agency

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