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Published: 2026-03-24T07:46:25.000Z

Psychology for major markets Mar 24

2

Consolidating the uncertainty

EUR/USD – The Euro has turned calmer compared to Monday. The slight tilt lower came from geopolitical uncertainty, again. 

USD/JPY –  USD/JPY is still approaching 160. However, rising yield and market participants' may further rotate towards JPY when the USD lost its favor of haven.

EUR/GBP – Little changed as the market's spotlight isn't here. Overall in consolidation.

AUD/USD – The Aussie has taken another beating from the weak risk sentiment. The Aussie may take a deeper dive if Trump goes along with his plan to attack Iran energy infrastructure.

Equities & Others –  Broader risk atmosphere is still shaky as the back and forth rhetoric from Trump and Iran is hard for confidence being built in the market.

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