That will help to meet the continued need for vaccine supply in the US
As remarked by Pfizer CEO, Albert Bourla:
More doses to help expand protection in the US. Pfizer and BioNTech will deliver 200M more #COVID19 vaccine doses to the US by April 2022. We are very proud to be a long-term partner to the US government and to help

A look at what is on the board for today
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The large expiries between 1.1700-10 and 1.1800 keeps price action more anchored in between, sticking with the more subdued range for the pair that we have seen throughout the entire trading week.

The market is sticking with calmer tones so far on the day
USD/JPY is trading up to a session high of 110.49, its highest level in over a week, as Treasury yields are also nudging higher and putting behind the brief drop yesterday.

Remarks by ECB policymaker, Pierre Wunsch
report
He also adds that the central bank is „very far from conditions where we would consider hiking rates“, though he’s not shying away from calling for QE to end as per the above.

ECB announces their latest monetary policy decision – 22 July 2021
–  decision
– Deposit facility rate -0.50%
– Main refinancing rate 0.00%
– Marginal lending facility 0.25%

Some changes are expected but how material will they be?
After the strategy review findings earlier in the month , changes are imminent to the introductory statement by the ECB later today.

Latest data released by CBI – 22 July 2021
Of note, quarterly business optimism fell from +38 in Q2 to +27 in Q3. The drop in the order book balance i.e. headline reading is also the first since April, pointing to some stagnation in the recovery pace. That said, price expectations also declined for the first

A look at what is on the board for today
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But if anything, both the ones for EUR/USD and AUD/USD look to be magnets in keeping price action more anchored before rolling off later in the day.

Further remarks by Broadbent
On his final remark, he’s alluding to the fact that there might be negative inflation seen in some categories around this time next year i.e. shipping costs and commodities, after the rise due to pent-up demand and economic reopening from this year.

Higher Treasury yields is helping to see yen crosses a little higher today
After Monday’s sharp drop, USD/JPY saw a solid rebound yesterday and that is continuing today as Treasury yields are also bouncing back.