Psychology for major markets June 1

EUR/USD – The Euro is little changed as market participants have little idea what is going on. 

USD/JPY –  The pair rises along USD. It should be expected to be met with more verbal intervention but the BoJ may withheld from actual intervention yet as it could trigger an area for speculators to attack.

AUD/USD – The Aussie opened lower and has since closed the gap once. It is consolidating around the support/resistance area around 0.7190.

Equities & Others – Market participants are restraining aggressive positioning and remain hopeful while waiting for a deal.