Psychology for major markets Dec 24

EUR/USD – EUR/USD is consolidating recent gains as holiday mood persists.

USD/JPY – More selling momentum following through. After multiple verbal intervention attempt, JPY is retreating more recent high. Yet, progress in year end illiquid times may not be the stroy in the new year.

EUR/GBP – EUR/GBP is close to unchanged/

AUD/USD – AUD/USD gains on broad USD weakness. Such gains are rather limited on the lack of support from strong risk appetite.

Equities – Major equity indexes taking an early Christmas break and little changed throughout the first trading session in Asia.