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“There will not be sufficient doses of COVID-19 vaccines for the entire population before the end of 2021,” a European Commission official told diplomats from EU states, Reuters reported on Tuesday, citing a person who attended the meeting.

Market reaction

This headline doesn’t seem to be having a significant impact on the shared currency’s performance against its rivals. As of writing, the EUR/USD pair, which dropped to a daily lof of 1.1796 earlier in the day, was up 0.18% on the day at 1.1830.