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There are numbers of governments that launched the vaccine program for their countries. What is the possible speculation in the FX market in terms of USDJPY? Expectation 1. How GDP of the US and Japan be impacted? 2. Monetary stances of Federal Reserve and Bank of Japan - How did they react to Covid 19 in 2020? What do you expect they do next given the impact bought by vaccine? 3. What do you think on GDP, employment and inflation of the US and Japan? 4. How does the fx swap curve structure look like? How is the carry? 5. What is your expectation in FX spot and FX swap? What are the potential PnL swing? 6. Is what situation this trade can go wrong? 7. Others (extra scores) - Any knowledge you want to share is good. I do look forward to your own initiatives