Published: 2026-06-05T10:10:00.000Z
Psychology for major markets June 5
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America still refuses Iran's request to unfreeze the frozen funds
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 flirting with the 160 figure. The pair remain capped by the level as we hear some verbal intervention from Japan FM.
AUD/USD – The Aussie reversed earlier losses but hard to see a meaningful rally on Friday unless a deal is black and white.
Equities & Others – Market participants' mood have turned sour and pressure major equities.