Psychology for major markets Mar 23

EUR/USD – The Euro is getting slaughtered again on strong haven bids of USD. It will likely continue unless we have clarity on what Trump will do.

USD/JPY –  USD/JPY is still approaching 160. However, rising yield and market participants' may rotate towards JPY when the USD lost its favor of haven.

EUR/GBP – Little changed as the market's spotlight isn't here. Overall in consolidation.

AUD/USD – The Aussie has taken a beating from the fall of precious metal and rising USD double team. The Aussie may take a deeper dive if Trump goes along with his plan to attack Iran energy infrastructure.

Equities & Others –  Broader risk atmosphere is falling like a knife after Trump's ultimatum. There will be no recover until clarity.