Euro, Dollar Steady after Omicron Fears Ease

The euro, sterling and dollar stabilized on Thursday amid optimism some COVID-19 vaccines might be able to neutralize new coronavirus variant Omicron. Analysts said the focus was shifting back to monetary policy.
Some of the fears around the Omicron variant ebbed after BioNTech and Pfizer said three shots of their COVID-19 vaccine neutralized it in a laboratory test.