USD/JPY Sees A Rebound On Moderna Vaccine News
USD/JPY has been boosted on Moderna Vaccine News, despite it was previously up from 105.65 on Pfizer Vaccine News. Pfizer Vaccine was found out that the defect is non-storable in an ultralow-temperature as -80°C —a fact that has led public health officials to fear that it may be disproportionately accessible only to metropolises that could afford specially-made ultra-cold freezers.
On contrast, Moderna Vaccine is extremely expected on restraining on COVID-19 at an early stage since it is more durable in regular refrigeration
In this case, it seems to be a phenomenon of selling USD to buy European currencies in spite of the rise in USD/JPY.