• NY opened near 0.7075, the pair dipped down toward 0.7065 in early trading

• Buyers emerged as USD remained soft while yields , oil fell

• Gold & silver hit fresh session highs and stocks added to overnight gains

• AUD/USD hit 0.7088 then dipped as yields formed, gold & silver gave back some gains

• USD/CNH upward mover & some USD buying helped AUD/UDS near 0.7075 late

• The pair held onto most overnight gains and traded up +0.53% in NY's afternoon

• Move above the daily cloud base & 10-DMA and rising daily RSI gives bulls comfort

• RBA risk looms, rate expected to be unchanged, Bullock's news conference will be key
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)