Sterling strengthens vs weaker dollar as investors focus on Omicron

Pound Sterling notes and change are seen inside a cash resgister in a coffee shop in Manchester, Britain, Septem,ber 21, 2018. REUTERS/Phil Noble

LONDON, Dec 14 (Reuters) – Sterling was pushed higher by a weaker dollar on Tuesday but little changed against the euro, as uncertainty around the Omicron variant of COVID-19 limited the market impact of strong UK jobs data.

Since the first Omicron cases were detected on Nov. 27 in Britain, the UK has imposed tougher restrictions. But Prime Minister Boris Johnson faces a large rebellion among his Conservative lawmakers in a parliamentary vote over the measures later on Tuesday. read more

On Sunday, Johnson said that Britain faces a “tidal wave” of the variant and on Tuesday he warned ministers that there will be a “huge spike” in cases. read more

The pound fell on…