Published: 2026-08-18T08:27:45.000Z
Psychology for major markets Aug 18
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Reality Kicking In
EUR/USD – EUR/USD lacks direction after the rally on Monday was faded.
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 looks set to retest the 160 figure and has room to run.
AUD/USD – The Aussie is hindered by soft risk sentiment and precious metal.
Equities & Others – Broader risk sentiment is sour as reality kicks in for another day of no deal in the Middle East.