Psychology for major markets Apr 2
Risk sacked by Trump
EUR/USD – The Euro reverted lower on Trump's little change rhetoric. The previous optimism built into the market was shaky and got shaken by Trump. Market participants returned to the haven bids of USD.
USD/JPY – USD/JPY rose just below 160. As per previous forecast, another figure or two above 160 within a week could trigger an actual intervention from the BoJ.
EUR/GBP – Continues its rally but the market's spotlight isn't here.
AUD/USD – The Aussie sunk on risk sentiment turning sour and weak precious metal. Looking toward the resistance area circa 0.682/30.
Equities & Others – Broader risk atmosphere is sour on Trump's "victory". The detail to exit is still lacking and ground invasion in the cards. It triggered market participant's concern on the potential geopolitical escalation again.