EU's von der Leyen: Europe’s vaccination campaign is a success

Dhwani Mehta FXStreet

European Commission President Ursula von der Leyen praises EU’s covid vaccination campaign, in her latest statement reported by Reuters on Thursday.

Additional quotes

We're vaccinating 30 Europeans every second.

About 200 million vaccine doses have been distributed to the EU.

No rush to add money to France’s recovery fund.

Ready to discuss US proposal for a COVID-19 vaccine patent waiver.

EUR/USD recovers

von der Leyen’s comments seem to offer a much-needed boost to the euro, which drives EUR/USD higher towards 1.2030. Broad-based US dollar weakness also adds to the bounce in the major.

The spot was last seen trading at 1.2024, adding 0.18% on the day, having reversed from daily lows of 1.1993.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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