Safe-Havens – USD, JPY and CHF were supported throughout Thursday as increased restrictions in parts of the world to contain the spread of COVID-19, including the new Omicron variant, tempered investors’ appetite for riskier currencies.
Tempus Inc’s Vice President of trading noted that “we are seeing some caution in the markets because of Omicron. I think the worry that it would be worse than Delta has warned but the reports about how easily transmissible the strain is have caused extra caution. There are worries about how governments could react, and the UK’s “Plan B” is a great example.”
Tempus Inc’s Vice President of trading noted that “we are seeing some caution in the markets because of Omicron. I think the worry that it would be worse than Delta has warned but the reports about how easily transmissible the strain is have caused extra caution. There are worries about how governments could react, and the UK’s “Plan B” is a great example.”