According to the latest data, global COVID-19 incidence has retreated from peak levels, only reaching 539,000 this weekend, which is 25% below the maximum. The number of deaths has also dropped.
In the United States, morbidity has dropped below 200,000.
Further positive news is that following the start of mass vaccination in the UK last Friday, the United States will also begin today. The vaccination rate is projected to be enormous- up to 20 million are expected to be vaccinated by the end of December. And today, 2.9 million doses are to be delivered to the vaccination centers.
To add to that, the vaccination plan of the UK and the US are the same. First to be injected will be of the oldest ages (over 80 years old, and then over 60 years old).
EUR / USD: A new upward wave has started in the euro.
Open long positions from 1.2165.
Open sell positions from 1.2058.
On Wednesday, December 16, the Fed will publish its minutes, which will include latest economic data for the United States.
But in the meantime, today, the electoral college is to formally elect Joe Biden as President of the United States.
