EUR/USD at key inflection point

From forex.com

The theme driving the Euro this week has been one optimism. After months of lockdowns and restrictions (including April), traders viewed the message from the EU earlier in the week that they expect to have most of their citizens vaccinated by the end of June as a positive for the Bloc. In addition, yesterday’s news that the European Medicines Agency (EMA) found that although there may be a link to rare cases of unusual blood clots, the total benefit-risk remains positive for the AstraZeneca shot. However, the EMU left it up to individual countries to determine whether to use the vaccine. See European vaccines will ... (full story)