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Jonathan Haskel, a member of the Monetary Policy Committee (MPC) of the Bank of England (BoE), said on Tuesday that vaccine news provides some light at the end of the tunnel, as reported by Reuters.

Haskel further acknowledged that they see long-term scarring effect from the COVID-19 outbreak.

Market reaction

These comments don’t seem to be having a significant impact on the British pound’s performance against its rivals. As of writing, the GBP/USD pair was trading at 1.3332, gaining 0.07% on a daily basis.

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