The dollar stabilised on Friday and major currency pairs were stuck within recent ranges as markets shrugged off Thursday's high U.S. inflation number, believing the Federal Reserve's stance that it is likely to be a temporary blip.
The Italian government said on Friday it was restricting the use of the AstraZeneca COVID-19 vaccine to people over the age of 60, after a teenager who had received the shot died from a rare form of blood clotting.
The dollar hovered above a five-month low versus major peers on Thursday as investors looked to U.S. inflation data and a European Central Bank meeting later in the day, while an index of volatility among major currencies dropped to new lows.
Cinema tickets, traffic jams, office footfall, web conferencing, even private jet leasing: investors are parsing motley metrics for clues about how to make money when a major economy reopens.
The dollar hovered near a five-month low versus major peers on Thursday as investors looked to U.S. inflation data and a European Central Bank meeting later in the day, while an index of volatility among major currencies dropped to new lows.