Published: 2026-08-06T07:48:53.000Z
Psychology for major markets Aug 6
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U.S.-Iran's Picture Still Unclear
EUR/USD – EUR/USD stays further away from the 1.15 figure as market participants remain hopeful on a peaceful Middle East resolve. We are wary the market has already gone too far from the reality.
USD/JPY – The confirmed joint intervention is capping USD/JPY rally. However, without fundamental changes, only multiple rounds of intervention will be keeping the pair down. Right now, the pair is directionless, looking for the next cue.
AUD/USD – The Aussie is retesting the 0.7030 technical area. Poor risk sentiment and softer precious metal may suppress the Aussie.
Equities & Others – Broader risk sentiment turned sour. Market looks set to brace themselves for another weekend of Middle East uncertainty.