The foreign-exchange market stabilized after Friday’s volatility amid signs the Omicron coronavirus variant causes only mild symptoms and vaccine reformulations against it can be achieved quickly.
The U.S. dollar rose modestly against the yen and euro in early Asia trading. The currency of South Africa, where the variant was identified, rose as much as 0.9% against the greenback, and Mexico’s peso echoed those gains. The Australian dollar gained against the U.S. currency and yen on short-covering as part of a broader recovery in commodity currencies.
https://www.bloomberg.com/news/articles/2021-11-28/calm-in-forex-markets-as-new-week-begins-after-omicron-carnage
2021-11-28 18:51:27Z
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