WHO's Ryan: Unwise to predict when a COVID-19 vaccine could be rolled out

Eren Sengezer FXStreet

World Health Organization (WHO) chief Tedros Adhanom Ghebreyesus announced on Monday that they are expecting the interim results from the solidarity trial of COVID-19 therapeutics to arrive within the next two weeks.

Meanwhile, "no vaccine is far enough advanced to know whether there will be a signal of efficacy," noted Dr Mike Ryan, executive director of WHO. "It's unwise to predict when a vaccine could be rolled out, vaccines may have shown efficacy by the end of the year," Ryan added and said that the main question is about the production capacity.

Market reaction

The US Dollar Index paid little to no mind to these comments and stays flat near 97.20.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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