• AUD/USD broke 0.6330 support overnight, but failed to extend to the downside

• Trump policy concerns; poor U.S. consumer confidence undermined yields & USD

• U.S. treasury secretary Bessent floated increased resource supply from AU

• AUD moves back towards 0.6350; will be watching Asia risk-sentiment closely

• Domestic focus turns to weighted CPI today, Reuters poll predicting 2.5% y/y

• Overnight AUD range 0.63225-0.6351, support 0.6320-25, resistance 0.6415
AUD mng

(James Connell is a Reuters market analyst. The views expressed are his own.)