AUD/USD opens 0.6% higher as soft U.S. data boosts rate -cut hopes

U.S. weekly jobless claims increase more than expected as jobs market slows

U.S.10-year yield falls 3bps and has declined by 28bps in 2 weeks

Next week's PPI and CPI readings seen as key for Fed rate expectations

China trade data shows April imports rise more than expected, underpins AUD

Iron ore imports up almost 13% on a year earlier; Australia a major exporter

Higher-for-longer RBA rate stance will continue to support for AUD

Support 0.6590-0.6600, resistance 0.6630, 0.6650; China inflation data Sat

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