Thursday 22 August.

Subdued USD sentiment continues ​ahead of Jackson hole as the market prepares for the beginning of a FED easing cycle.

At the start of the year it was widely touted the USD would end up weaker. It currently appears the weakening has begun. But of course, chair Powell could disappoint the market with hawkish narrative, or today's PPI data could dent sentiment. But for now, Tuesdays AUD USD trade is still in play. And with the reason for the trade still intact, all I can currently do is wait for the ​trade to complete. And react accordingly to any fresh news.

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