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Tag: Coronavirus

We hope that the legally contracted supply of vaccines is respected – Dominic Raab

We hope that the legally contracted supply of vaccines is respected – Dominic Raab

British Foreign Secretary Dominic Raab said Wednesday that the comments of the president of the European Commission, Ursula von der Leyenon, on the vaccines against the coronavirus should be explained, as reported Reuters. Raab further noted that they are surprised to have this conversation with the EU, adding that they expect the legally contracted supply […]

Von der Leyen says we can have 70% of adults fully vaccinated by late summer

Von der Leyen says we can have 70% of adults fully vaccinated by late summer

The president of the European Commission, Ursula von der Leyen, said on Wednesday that can achieve their goal of having 70% of Europe’s adults fully vaccinated by the end of summer, as reported by Reuters. Additional comments: “The EU should receive about 55 million doses of the Johnson & Johnson vaccine by the end of […]

Vaccination with AstraZeneca has been successful here – Kwasi Kwarteng

Vaccination with AstraZeneca has been successful here – Kwasi Kwarteng

Commenting on the reliance on the covid AstraZeneca vaccine in an interview with the BBC on Wednesday, UK Minister for Business, Energy and Industrial Strategy, Kwasi Kwarteng, said it was a success. He declined to comment on the European position on the matter. In the interview, Kwarteng added that By the end of the week, […]

EUR / GBP recovers after falling to 13-month lows, holding steady around 0.8565-70

EUR / GBP recovers after falling to 13-month lows, holding steady around 0.8565-70

EUR / GBP has quickly recovered intraday losses to the lowest level since February 2020. A combination of factors limits the British pound and offers some support to the cross. The market’s focus remains on the Bank of England’s upcoming monetary policy meeting on Thursday. The crossing EUR/GBP has reversed an initial drop in the […]

NZD / USD remains defensive below 0.7200 level awaiting FOMC

NZD / USD remains defensive below 0.7200 level awaiting FOMC

The NZD / USD extends its side consolidation price action for the second day in a row. Investors now seem reluctant to open aggressive positions before the FOMC decision. The pair NZD / USD lacks a firm directional bias and remains trapped within a narrow trading range below the 0.7200 level at the start of […]

USD / JPY comfortably holds above the 109.00 level as focus remains on the Fed

USD / JPY comfortably holds above the 109.00 level as focus remains on the Fed

E USD / JPY regains positive traction on Wednesday and slowly retreats near multi-month highs. The optimistic US economic outlook supports the USD and lends some support to the USD / JPY pair. The cautious sentiment benefits the safe haven JPY and could limit the pair’s rally ahead of the FOMC. The pair USD/JPY moves […]

USD / CAD rises above 1.2450 but lacks continuation ahead of FOMC

USD / CAD rises above 1.2450 but lacks continuation ahead of FOMC

USD / CAD registers a modest rebound from the multi-year lows touched earlier this Wednesday. Moderate crude oil prices weigh on the CAD and offer some support to the pair. The rise appears limited amid reluctance to face the FOMC’s monetary policy decision. The pair USD / CAD has managed to bounce around 25 pips […]

EUR / USD consolidates around the 1.1900 level before the FOMC

EUR / USD consolidates around the 1.1900 level before the FOMC

EUR / USD is hovering within a range around the 1.1900 level on Wednesday. Investors appear to have stayed on the sidelines prior to the FOMC’s monetary policy decision. The final version of the CPI for the euro zone could generate some opportunities in the short term. The pair EUR / USD trapped within a […]

Chinese Scientists Capture The Crown Of The Sun: It Owes Its Name To The Coronavirus – Photo

Chinese Scientists Capture The Crown Of The Sun: It Owes Its Name To The Coronavirus – Photo

Chinese scientists have captured the Sun’s crown using a proprietary coronagraph. This was reported by the press service of the Yunnan Observatory of the Chinese Academy of Sciences.   The corona is the thin outer layer of the Sun, which earlier scientists could only observe during a solar eclipse, when the Moon overlaps the central […]

EUR / GBP capped below the 21-day SMA near 0.8650

EUR / GBP capped below the 21-day SMA near 0.8650

The EUR / GBP has been choppy on Tuesday, oscillating between 0.8560 and 0.8640 and vice versa. The 21-day SMA at 0.8620 appears to provide crucial resistance. Concerns about the launch of the vaccine in the eurozone likely encouraged bears to sell off the initial move for the session. It has been a very hectic […]