Dollar strengthens against major currencies In the midst of that forecast The US economy will recover faster than Europe. After the COVID-19 Outbreak
As of 12.24 hours Thai time, the dollar rose 0.17% to 105.09 yen, while the euro fell 0.19% to 126.27 yen and fell 0.36% to $ 1.202. Which is an index of the dollar against six major currencies in the currency basket, plus 0.28 percent to 91.23.
The progress in issuing measures to stimulate the US economy. Including the COVID-19 vaccination The broader US Contradicting delays in the COVID-19 vaccination in Europe and the slowing European economy.
The President Joe. Biden met with Republicans at the White House yesterday to discuss the imposition of U.S. economic stimulus measures. He is likely to try to push the measure through Congress approval. Despite protests over $ 1.9 trillion from members of Congress, both Republicans and Democrats.
President Joe Biden said. He hopes the government can vaccinate the COVID-19. To Americans more than 1 million doses per day.
“I hope we can deliver 1.5 million doses of vaccines per day. More than 1 million doses a day, said Biden.
Prior to this, President Biden said He will push 100 million doses of vaccinations to Americans during his first 100 days of tenure.
AstraZeneca said that COVID-19 vaccine That the company developed in collaboration with the University of Oxford Deliveries to the European Union (EU) are below target until late March. Due to production problems It is expected to reduce vaccine deliveries by 60 percent to just 31 million doses, while Pfizer Inc. also said. The company will cut deliveries of the COVID-19 vaccine to just 50% to Europe, affecting deliveries from the end of this month to early next month.
The European Union’s Bureau of Statistics (Eurostats) said the euro zone economy contracted 0.7 percent in 4Q20, hurt by several European governments taking lockdown measures to control the second round of the outbreak. COVID-19
Earlier, the euro zone economy expanded 12.4% in the third quarter, a record high. It was higher than analysts’ forecast of 9.4% after a 11.8% contraction in Q2.
Eurostats also revealed that The Eurozone economy shrank 6.8 percent in 2020.
The International Monetary Fund (IMF) lowered its forecast for euro zone economic growth to 4.2 percent this year from 5.2 percent.
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