Psychology for major markets Dec 31

EUR/USD – EUR/USD turned lower on the last trading day of 2025 as USD is trading broadly stronger. It looks to retest the 1.17 figure.

USD/JPY – The pair has regained post Christmas losses. There hasn't been much headline and seems to be USD movement.

EUR/GBP – Unchanged for the day so far. Euro and Sterling are moving in the same direction today.

AUD/USD – AUD/USD took a black eye from metal volatility. The ebbs and flow in the commodity market seems to be driving the Aussie as such outsize volatility is not seen daily.

Equities – Major equity indexes tilted lower. Likely just flows on an illiquid time.