• AUD/USD -0.2% Wed as softening global risk appetite continues to weigh

• Pair teasing break below 0.7090 55-DMA, confirmation would invigorate bears

• AU Apr employment update Thur, Reuters poll: +15k jobs, 4.3% unemployment

• CN leaves prime loan rates on hold (3.00% 1y, 3.50% 5y) as expected

• Fed hike expectations continue to rise, 30-year yields highest since 2007

• Trump refreshes threats against Iran, claims Iran 'begging' for a deal

• Range Asia 0.7092-0.7113, support 0.7080 0.6834, resistance 0.7283 0.7661
`AUD Daily 55-DMA

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