Psychology for major markets Apr 7
Waiting for Trump
EUR/USD – The Euro stays choppy but is tilting high as there has so far been little signs that the geopolitical picture is escalating. However, one can expect swift changes as the Trump deadline looms and he does not seem like to be delaying that further this time.
USD/JPY – USD/JPY is shy of 160. The USD has softened for the day on somewhat "positive" risk sentiment.
EUR/GBP – Resume its consolidation but the market's spotlight isn't here.
AUD/USD – The Aussie rises on "improving" risk sentiment and stronger precious metal. Technically in the middle of support and resistance zone.
Equities & Others – Broader risk atmosphere is frosty on Trump's deadline looming. The detail to exit is still lacking and ground invasion in the cards. It looks like polarized result will be expected.