• NY opened near 0.6975, pair fell early on firm USD & yield

gains

• 0.6965 was neared but buyers emerged as USD & yields then softened

• Rallies in gold, silver, copper & stocks and USD/CNH's drop helped lift AUD/USD

• The pair sat near 0.6980 late, it traded up +0.25% in NY's afternoon

• AUD/USD is consolidating its recent drop which gives bears some comfort

• Rising daily, monthly RSIs indicate upward momentum however
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)