August 1, 2022 AUD/USD rose to its post-wedge target overnight as the US Dollar weakened despite a drop in US equity indexes. The RBA and Nancy Pelosi’s Taiwan visit present risks to market sentiment. Previous Post August commodities outlook: Risk of plunge is elevated Next Post US Dollar Reversal Accelerates, More Losses Ahead? USD/SGD, USD/PHP, USD/THB, USD/IDR