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The COVID-19 vaccines

The COVID-19 vaccines | 24 February 2021

24 February 2021, EUR/USD

The COVID-19 vaccines

EURUSD trading plan:

AstraZeneca expects to deliver less than half the COVID-19 vaccines it was contracted to supply the European Union in the second quarter, an EU official told. The EU official, who is directly involved in talks with the Anglo-Swedish drugmaker, said the company had told the bloc during internal meetings that it "would deliver less than 90 million doses in the second quarter". "Because we are working incredibly hard to increase the productivity of our EU supply chain, and doing everything possible to make use of our global supply chain, we are hopeful that we will be able to bring our deliveries closer in line with the advance purchase agreement," a spokesman for AstraZeneca said.

Investment idea: Buy 1.2140 and take profit 1.2194.

David Johnson
Analyst of «FreshForex» company
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