Canada's Trudeau: Will buy 20 million additional doses of Pfizer's COVID-19 vaccine

Eren Sengezer FXStreet

Canadian Prime Minister Justin Trudeau announced on Tuesday that they have reached a deal with Pfizer/BioNTech to buy additional 20 million doses of their COVID-19 vaccine, as reported by Reuters.

Canada will be extending the border closure with the United States until February 21, Trudeau further added.

Market reaction

These comments don't seem to be having a significant impact on the loonie's performance against its major rivals. At the time of writing, the USD/CAD pair was down 0.18% on a daily basis at 1.2760.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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