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Haven currencies pressured by hopes Omicron is mild


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By Tom Westbrook, 7th December 2021. Full article: investing.com

SYDNEY (Reuters) - The dollar was supported against other safe-haven currencies such as the Japanese yen on Tuesday, hanging on to a jump made with U.S. yields, as investors hoped early signs the Omicron variant may be mild will be proved correct.

Riskier currencies have also found buyers, and the Australian dollar firmed after the central bank sounded cautiously upbeat about Omicron, though it made no policy changes.

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