Psychology for major markets Apr 20

EUR/USD – The Euro opened lower on Monday open as market participant fled to safety. However, the gap has already been closed on more upbeat comments on negotiation and the lack of serious retaliation from Iran.

USD/JPY –  USD/JPY will likely be consolidation before fresh geopolitical stimulus led to the next leg. 

AUD/USD – The Aussie took a beating in the strong haven bidding open but have erased most losses. Further recovery lies in roader risk mood.

Equities & Others –  Broader risk atmosphere tanked over the weekend incident of U.S. executing their blockade. While the headline if pessimistic, it looks like negotiations are still going underneath and could see more risk sentiment improvement.