The dollar is weaker this morning due to new reports that the Omicron variant could be less severe than Delta. Investors have turned away from the safe-haven greenback in favour of riskier currencies.
Positive GDP figures were released for the US yesterday, with GDP growing 2.3% quarter-on-quarter in the third quarter and existing home sales rising 1.9% in November. Consumer confidence also improved more than expected in December.
Personal income and new home sales figures will be released for the US later today.
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