Dollar near one-week high amid hawkish Fed hopes, Omicron fears

TOKYO, Dec 14 (Reuters) – The dollar traded near a one-week high versus a basket of major rivals on Tuesday, supported by expectations of a hawkish Federal Reserve meeting this week and haven demand amid continued uncertainty about the Omicron coronavirus variant.

The dollar index , which measure the currency against six peers, was little changed at 96.416, after touching 96.450 on Monday for the first time since Dec. 7.

Germany’s trillion-euro savings banks mull crypto wallet

FRANKFURT, Dec 13 (Reuters) – Germany’s savings banks, a conservative bastion that holds more than 1 trillion euros for thrifty Germans, is looking into offering a wallet to trade cryptocurrency, a group of the banks said on Monday.

The project marks a potentially radical departure for the banks, whose customers still use cash and eschew risky investing or heavy borrowing.

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