Psychology for major markets Mar 26

EUR/USD – The Euro is unchanged for the day as there is a lack of impetus from both geopolitical or economical.

USD/JPY –  USD/JPY is fast approaching 160. The resurging bids of USD are weakening the JPY. However, we are wary of market participants' rotation towards JPY as haven choice and the possibility of an actual intervention from the BoJ, where we expect is possible if we are seeing 2 figure+ rally within a week.

EUR/GBP – Little changed as the market's spotlight isn't here. Overall in consolidation.

AUD/USD – The Aussie fell on poor risk atmosphere and bad performance of the precious metals. The rotation lower will likely meet some support around 0.6820 area if it is not triggered by sudden worsening geopolitical picture.

Equities & Others –  Broader risk atmosphere is shaky as the back and forth rhetoric from Trump and Iran is hard for confidence being built in the market.