We will ensure that Europeans have sufficient doses of safe and effective coronavirus vaccines

We make sure Europeans have sufficient doses of safe and effective COVID-19 vaccines“said the president of the European Commission, Ursula von der Leyen, at a press conference on vaccines this Friday.

Featured statements:

“The EU has assured 300 million additional doses of Pfizer vaccine“.

“Now we allow EU countries to buy more doses of the first vaccine approved in the EU.”

“Now they can buy up to 300 million more doses of the Pfizer / BioNTech vaccine.”

On Wednesday, the European Medicines Agency (EMA), the EU’s medical regulator, recommended authorization of Moderna’s COVID-19 vaccine.

The Commission is likely to formally approve the vaccine soon.

Market reaction

He EUR/USD remains pressed towards 1.2200 amid notable demand for US dollars across the board.

The pair last traded at 1.2225, shedding 0.35% on the day.

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