Published: 2026-08-31T07:39:56.000Z
Psychology for major markets Aug 31
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U.S-Iran Pointing Fingers
EUR/USD – The pair broke through the 1.16 figure and is attempting to recoup the level. Key trigger will likely come from the Middle East, which would likely trigger more USD buying.
USD/JPY – Market participants are waiting impatiently for BoJ's confirmation of a September hike. The latest leg come from Walsh and Bessent's comment, where both could be acting as counter forces for USD/JPY in the coming weeks.
AUD/USD – The Aussie couldn't stand above the 0.7190 technical area as risk sentiment and precious metal are performing poorly.
Equities & Others – Broader risk sentiment is poor on Middle East tension and raising prospect of Fed hike.