Christine Lagarde, President of the Europen Central Bank (ECB), said on Wednesday that it's too early to say if the worst economic impact of the coronavirus crisis is over, as reported by Reuters.
"There are still downside risks."
"There is light at the end of the tunnel with vaccinations picking up."
"By the end of June, 70% of eurozone population could get first shot of vaccine."
"Could see a robust economic rebound in the second half of the year."
The EUR/USD pair edged higher on these comments and was last seen trading flat on the day at 1.2086.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.