Published: 2026-06-04T09:45:17.000Z
Psychology for major markets June 4
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Israel-Lebanon Ceasefire?
EUR/USD – The Euro recouped partial losses on softer USD. Market participants will likely remain vigilant as the fragile ceasefire agreement between Israel and Lebanon could break easily. Any rally should first meet 1.17 area resistance.
USD/JPY – USD/JPY is filrting with the 160 figure. It is reported that the BoJ will possibly hike in June but that fail to gain traction for JPY as there is little pricing for more hikes to come.
AUD/USD – The Aussie stopped the bleeding on ceasefire hopes but any sustainable rally depends on equity and metal performance.
Equities & Others – Market participants' mood have turned sour and see some cracks in U.S. equities.