US Pres. Trump: Distribution of COVID-19 vaccine could start in October or a little bit later
|US President Donald Trump crossed wires, via Reuters, during the early Thursday morning in Asia. The Republican leader reiterated his optimism relating to the coronavirus (COVID-19) vaccine by citing odds distribution until late-October.
Key quotes
Distribution of COVID-19 vaccine could start in October or a little bit later.
US could distribute at least 100 million doses by end of 2020.
Will get a briefing on TikTok Thursday morning (US Time).
World Trade Organization (WTO) is not good for us.
FX implications
Given the news is no different from President Trump’s earlier comments suggesting the vaccine could be out in three or four weeks, coupled with a lack of major activity around this time of trading, global markets paid a little heed to the risk-positive news. Even so, AUD/USD remains on the front foot to regain the 0.7300 mark after dropping to 0.7277 during the post-Fed downside.
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.