Stability in currency rates and attention is focused on “Omicron”

LONDON (Reuters) – Stabilized Euro, British Pound and Dollar rates Today, Thursday, amid hopes that some vaccines against Covid-19 will be able to neutralize the new mutated Omicron of the Corona virus. Analysts say attention is once again focused on monetary policy.
Some concerns about the emergence of the Omicron mutant were eased when Piontech and Pfizer said three doses of their vaccine alone, the new mutant, were in a laboratory test.
Analysts said that if the laboratory results prove accurate, the market’s attention will return to focus on the following meetings of central banks, which were a major factor in shaping the currency markets in the past weeks.
The euro fell 0.2 percent to $ 1.1319 by 09:15, to remain close to its highest level in a week, which was recorded in the previous session.
The dollar index, which measures its price against a basket of six major currencies, rose 0.15 percent to 96.082.
The price of the sterling pound did not witness little change, and recorded $1.3207, after hitting a new record low this year in yesterday’s session, after the British Prime Minister imposed more stringent restrictions to limit the spread of Covid-19 in England, asking people to work from their homes, placing masks in public places and using Vaccination certificates.
Bitcoin price fell 2.2 percent to below $49,515 and has been swinging within a narrow range after falling sharply at the weekend.

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