The dollar index, which measures the greenback against six counterparts, eased 0.08% to 104.39, giving back some of its 0.53% rally overnight, spurred mainly by weakness in the euro.
Shares on Wall Street tumbled, with the S&P 500 and Nasdaq falling more than 2%, as the market awaited the release on Friday of the US consumer price index for May.
people are worried about omicron, the search around the world, and here in the united states. about 75% of covid cases are believed to be omicron. here in new york, we re seeing new york for several days recording record high numbers of cases on a daily average. it couldn t be better, that being said, you hear those in the medical profession saying this is not a magic bullet. the reason is several fold, you still need to get more from people vaccinated, but there is a huge amount of hesitancy and that remains of a policy challenge for the biden administration. the second thing is the administration has said it will take several months before orders for this new pale can be fulfilled, because it takes time to manufacture. it is progress on the last energisers pfizer s shares were up 1%.