Pfizer’s Covid vaccine to land this week, deployments will begin at the end of February

Martin Foley, Minister of Health for Australia’s most populous state – Victoria, said on Monday that Pfizer’s coronavirus vaccine was likely to arrive in the country at the end of the week.

Key quotes

“I can also confirm that the vaccines should land in Australia before the end of the week, if not earlier.” ”

“The deployment of the vaccine will begin at the end of February.”

“The first doses of Pfizer vaccine have arrived in the country, 80K will be released in the first week.”

There are 21 active cases of the coronavirus in Victoria, 16 of which are linked to the Holiday Inn cluster involving the UK variant, which triggered an instant five-day lockdown across Victoria.

Market reaction

Amid Covid vaccine optimism, AUD / USD is trading with moderate gains around 0.7770, seeking to regain the 0.7800 level.