The price of the dollar rose slightly, yesterday, with the increased fluctuation of the US currency against the euro to its highest levels this year, due to concerns about the new mutated “Omicron” from the “Corona” virus.
The dollar index rose 0.03% after recording its strongest monthly performance since June, despite the turmoil caused by the spread of “Omicron”.
The fluctuations of the dollar against the euro reached its highest levels this year, with the single European currency rising to its highest level in two weeks the day before yesterday, before falling back as the dollar rose.
The Federal Reserve Chairman (US Central Bank), Jerome Powell, indicated that the bank may accelerate the pace of reducing the bond-buying program during its meeting this month. The price of the pound rose 0.15% to $1.3318 in early trading in London, after falling to its lowest level since last December yesterday.
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