Home / Market Update / Forex Market / Omicron Ignites Biden’s Extension of Mask Mandate

Omicron Ignites Biden’s Extension of Mask Mandate

US President Joe Biden’s administration will extend requirements for travelers to wear masks on airplanes, trains and buses and at airports and train stations through mid-March to address ongoing COVID-19 risks. A formal announcement extending the requirements through March 18 is expected on Thursday.

The White House and Transportation Security Administration (TSA) declined to comment. TSA in August extended the transportation mask order that runs through Jan. 18.

The news adds to the Omicron-led risk aversion, weighing on the US stock futures and Antipodeans. However, Fed Chair Jerome Powell’s measured response on inflation seems to put a carpet under the EUR/USD prices.

Check Also

Pound Slips Ahead of Key BoE Testimony as Markets Weigh Odds of March Rate Cut

The British pound edged lower on Tuesday as investors turned cautious ahead of parliamentary testimony …