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AUD/USD and USD/CAD React to Rising Geopolitical Risks

Published Jul 22, 2026 4:13 AM Source: Action Forex Event Time: Jul 22, 2026 4:13 AM
AUD/USD and USD/CAD React to Rising Geopolitical Risks

Source: Action Forex - https://www.actionforex.com/contributors/technical-analysis/648057-aud-usd-and-usd-cad-react-to-rising-geopolitical-risks/
Published: Jul 22, 2026 4:13 AM

Commodity-linked currencies remain under pressure as geopolitical tensions in the Middle East continue to escalate. The United States has maintained strikes on targets in Iran, while the Tehran-backed Houthis have intensified threats to shipping in the Red Sea and near key oil transit routes.