Published: 2026-08-24T07:20:22.000Z
Psychology for major markets Aug 24
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U.S.-Canada trade talks collapse
EUR/USD – The test of 1.17 continues after two failed attempts to stay above it. The third doesn't look solid either.
USD/JPY – The joint intervention threat is capping USD/JPY rally. September hike from the BoJ becoming more and more likely, putting pressure on the pair but not enough until the official stamp from the BoJ. The pair remain in consolidation.
AUD/USD – The Aussie stops just short of the overhead resistance at 0.7190. The broader sentiment is not supportive for a rally on Monday.
Equities & Others – Broader risk sentiment is soft on lingering geopolitical tension and U.S.-Canada trade talk breaking down.