Psychology for major markets Aug 19

EUR/USD – EUR/USD gained support from Eurozone inflation steadily high. Yet, it has not refresh weekly high. The next run could see a pause before the 1.17 figure.

USD/JPY – The joint intervention threat is capping USD/JPY rally. September hike from the BoJ becoming more and more likely, putting pressure on the pair but not enough until the official stamp from the BoJ. The pair tried to retest the 160 figure but was rejected.

AUD/USD – The Aussie continues to be dragged by poor risk sentiment. The soft USD is cushioning Aussie's fall for now.

Equities & Others – Broader risk sentiment is sour, led by another blood bath in Korean equities.