The greenback eased on Thursday post stagging a rally in the previous session, while concerns elevated as the spiked infected Covid-19 cases in China hammered the hopes of the revived Chinese economy.

Markets are puzzled by the surge of Covid cases in China and the country moves on the other hand to loosen its strict restrictions, as announced earlier that starting from the 8th of January, China will no longer oblige inbound travellers to quarantine.

Some countries including Japan and USA are considering imposing new travel policy by making the Covid-19 testing obligatory for the Chinese visitors.

The U.S. dollar index that gauges the greenback versus its major pairs dipped by 0.11% at 104.23, post advancing earlier by 0.18%.

EUR/USD nudged up by 0.28% at $1.064 post slipping yesterday by 0.27%.

GBP/USD edged up by 0.23% at $1.205, where it dropped 0.11% earlier.

USD/JPY, the yen rose 0.64% higher at 133.66 versus the dollar, post slumping 0.73% yesterday where the yen touched its lowest level in a week at134.50.