AUD/USD +0.2% in Asia as RBA holds rates at 4.35%, stays hawkish

Does not rule out further increases in rates if needed to control inflation

Sees a more gradual decline in core inflation, less spare capacity

RBA policy diverges from other major c.banks( BOJ excepted), supports AUD

Recovery in risk sentiment underpins; S&P E-Minis +1.3%, Nikkei +7.6%

Comments from Fed officials restores some confidence, calms investors

Support 0.6470-80, 0.6440, resistance 0.6550, 0.6570, 0.6600-05

Asia range 0.6540-0.6491

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