The coronavirus that started in 2019 and confused the world. I thought it would fit in soon, and new models are on the market again. The exchange rate fluctuated in November 2021. This is because the Japanese yen and the US dollar were bought due to the epidemic of the new coronavirus called Omicron strain. Omicron has spread all over the world and has been confused, but it is unclear how infectious XE is. Will it come back in November 2021?
What is Omicron XE?
Among the Omicron strains of the new coronavirus, it is a type of virus called “XE” that is a combination of multiple types. It is said to be a virus that combines two variants of the Omicron mutant strain, “BA.1” and “BA.2”. The World Health Organization has issued a statement that it may be the most infectious to date. It is a virus that seems to have originated in England. However, it has only just been discovered, and it is not clear what its infectivity and characteristics are. Therefore, it is an unknown new virus that will happen without knowing the countermeasures. It was first discovered in the United Kingdom on January 19, 2022, according to the World Health Organization. As of the end of March, there were 700 cases of infection reported. Detailed properties such as the effectiveness of the vaccine are unknown, and it is possible that the vaccine is completely ineffective.
Other new viruses confirmed
In fact, it’s not just Omicron XE. There are other viruses, and “XD” and “XF” are a combination of the spread Delta strain and the Omicron strain, the type “BA.1”. XD was first detected on December 13, 2021, with 40 cases in France, 8 cases in Denmark and 1 case in Belgium as of March 22, 2022, and XF was detected in January 2022. Since the 7th, 39 cases have been found in the United Kingdom. Global turmoil may still continue. Derivative viruses are said to be more infectious than conventional viruses, and it can be said that the situation is unpredictable. It is said that it is doubtful whether the vaccine is effective against these variants, and there are even voices saying that the coronavirus vaccine may not be very effective anymore.
Even in China, the person who spread the coronavirus, the situation is dire, and new subtypes are emerging. Infection containment measures have been implemented due to the discovery of a hybrid type that combines mutations. It is unclear at this point whether the spread of the infection will end in a transient manner, and if it spreads to the world, the world will be in turmoil again. The Chinese Communist Party, which continues to defend Russia in the invasion of Ukraine, has been criticized by the world, but the coronavirus issue may also be subject to great criticism.
Forex market in November 2021
In November 2021, a new strain of Omicron was discovered in South Africa and subsequently spread worldwide. As a result, the exchange rate and stock market became turbulent, and Japanese yen and US dollar buying flooded. In October 2021, the Japanese yen crashed, which is rare in the foreign exchange market, but a full return occurred in November. This XE may cause the same situation as the market price at this time. Depending on the infection situation, there is no doubt that a crash will occur if it seems to spread all over the world. However, the foreign exchange market surged in March 2022, so it may be difficult to make a full return. You need to trade while watching the world situation.
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