Published: 2024-09-02T10:00:02.000Z
Psychology for major markets September 2nd
Senior FX Strategist
1
USD consolidating before US Data this week.
EUR/USD – Moving to consolidation ahead of U.S. data this week.
USD/JPY – Charts point to some further USD bounce, but seen as correction and multi week view to low 140's.
EUR/GBP – Sentiment remains GBP positive, but new news required to break 0.8400.
AUD/USD – AUD off highs with iron ore prices softer.
Equities – Consolidation ahead of US payrolls and some rotation out of tech still.