The U.S. dollar rose slightly on Thursday, recovering from earlier losses, as U.S. bond yields rose across the board. The US stock market rebounded from its biggest two-day decline in more than a year, boosted by gains in small stocks and travel stocks. As risk appetite improved, the yen fell. Despite the rebound in crude oil prices, the oil price-sensitive Norwegian Krone led the decline in the G-10 currency, and the Canadian dollar gave up some of the gains; the US dollar rose 0.4% against the Norwegian Krone, and the Norwegian Krone fell for the third consecutive day.

The U.S. dollar index rose 0.09% to 96.11, and fell 0.21% early on Thursday; the 10-year U.S. Treasury bond yield rose by 5 basis points to 1.45%. Short-term hedging activities in multiple currencies such as the euro and the British pound affected the dollar exchange rate. US data shows that the number of initial jobless claims in the week of November 27th increased by 28,000 to 222,000 after seasonal adjustments, which was lower than the 240,000 estimate.

On Thursday, the United States confirmed its second case of infection with the Omicron variant strain, but this has little effect on stocks and other risky assets. Issa of TD Securities said that anecdotal evidence seems to indicate that the situation may not be as serious as many people worry about. If there is any conclusion that can be drawn, the longer it lasts, the more and more the impact of a wave of new epidemics. small. Yes, this is still a risk, but vaccine manufacturers can adjust to address it.

Fed Chairman Powell reiterated in his testimony to Congress on Wednesday that he and other policymakers will consider speeding up actions at the December 14-15 meeting. Atlanta Fed President Bostic, Richmond Fed President Barking and San Francisco Fed President Daley echoed Powell's remarks on Thursday.

The euro fell 0.17% against the dollar to 1.1301; Scotiabank emphasized the attractiveness of the euro as a "semi-haven currency" in a research report. Since the news of Omicron came out last week, the euro has risen 0.9% against the dollar. However, Scotiabank expects that in view of the recent weak economic and interest rate fundamentals, the euro will weaken to the 1.10/11 range, but the uncertainty of the epidemic should keep the euro temporarily in the 1.12-1.14 range.

In terms of other currency pairs, the pound rose 0.2% to the dollar to 1.3305; the dollar rose 0.29% to the yen to 113.11