Psychology for major markets Jun 11

EUR/USD – EUR/USD continues to find support below 1.14 with ECB stance seen as less dovish after latest rate cut.

USD/JPY – JPY slipping a little lower helped by still broadly positive risk sentiment, though US CPI and US-China trade talks will be watched closely.

EUR/GBP – GBP hit by weak labour market data, suggesting failure to hold levels below 0.84 may prove a longer term base.

AUD/USD – Holding above 0.65 but needs more risk positive sentiment in Asia for further gains.

Equities – S&P looking stretched near 6000 as some significant negative tariff impact still likely, but can hold up for now if CPI subdued.