The dollar well positioned by the American Central Bank (Fed), the yen and the Swiss franc still sought after amid fears linked to the impact of the Omicron variant of the coronavirus.

The US dollar was still nibbling a little ground against the euro on Wednesday thanks to the signal of firmness given by the chairman of the Fed, while the yen and the Swiss franc were still in demand. Around 6:20 p.m. GMT, the dollar rose by 0.20% compared to the previous day, to 1.1316 dollars for one euro. The single currency, however, remained far from its lowest level in 17 months reached a week ago, at 1.1186 dollars. Until now, the Fed had mentioned the end of its financial asset purchase program in mid-2022, the institution considering this step as a prerequisite for any rate hike.

The yen remained close to its nine-month high reached on Monday against the euro, while the Swiss franc was barely recovering from a new six-year high against the single currency, hit on Tuesday. Elsewhere in the currency market, the yuan hit $0.1573 for the first time in over three years (May 2018).