U.S. dollar drifts higher; traders eye non-farm payrolls
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- Traders look to U.S. non-farm payrolls
- Omicron fears still weighing on FX
- Fed officials back Powell’s accelerated taper move
- U.S. initial jobless claims give dollar brief boost
- <a href=”https://tmsnrt.rs/2RBWI5E”>Graphic: World FX rates</a>
NEW YORK, Dec 2 (Reuters) – The dollar edged higher on Thursday in choppy trading as risk appetite improved with higher U.S. stocks, although investors remained worried about the fast-spreading Omicron coronavirus variant and the speed at which the U.S. Federal Reserve will taper its asset purchases.
The U.S. currency’s moves were limited though, as investors looked ahead to Friday’s non-farm payrolls report for November.
“A really strong payrolls report as we’re projecting could be another…