The dollar is slightly stronger against a basket of currencies this morning, benefitting from its safe-haven status as the impact of Omicron is considered by the markets.
Tensions on the border between Russia and Ukraine are also prompting investors to opt for the safe-haven greenback. Reports suggest that Russia is preparing to invade Ukraine and US officials have warned that tough export controls will be considered on Russia if they invade.
There will be a series of US economic data releases for the rest of this week, including durable goods orders and personal spending.
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