Dollar in the world touches 5-year highs against the yen due to rates in the US

Dollar in the world touches 5-year highs against the yen due to rates in the US

The dollar index advanced a marginal 0.009%, while the euro rose 0.03% against the greenback to $ 1.1297. Against the yen, the dollar rose 0.76% to 116.20 units, after reaching its maximum since January 2017 of 116.34.

Traders say investors see Ómicron as potentially less destabilizing to the global economy than previous variants, following studies suggesting the risk of hospitalization is lower.

At the same time, industrial activity in Asia grew in December as companies resisted the rise in global cases of the Omicron variantalthough persistent supply constraints and rising input costs have clouded prospects for some economies.

The British pound was up 0.5% at $ 1.3539. Bitcoin was up 2.14% at $ 47,453, still well below its latest all-time high of $ 69,000 reached in November.

Source From: Ambito

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