JP Morgan note the push given to the euro on the Monday news:

ICYMI

And for the euro:

  • The move above 1.0900/10 was a technical break
  • although 1.1010/30 is the bigger level on the topside.

Bolding mine.

On that Moderna news I am reminded of the wise words of one of best performing treaders ever, George Soros:

  • Invest first, investigate later.

The investigation stage happened Tuesday and unwound a lot of the positive across stocks and risk currencies. Trading opportunities.

JP Morgan note the push given to the euro on the Monday news:

Druck with Mr. S