AUD/USD opens +0.08% after recovering from 2-week low at 0.6629

AUD/USD underpinned by AUD/JPY buying - as the cross rose 1.25%

US debt ceiling optimism led to heavy unwinding of safe-haven hedges nL1N37E0UO

Capping AUD/USD gains was a strong rise in US Treasury yields nL8N37E5J1

AUD/USD resistance is at the 10-day MA at 0.6708

Support is at the March 10 and 2023 low at 0.6564

April Aus jobs data today will be closely watched by markets and the RBA

The RBA's hawkish bias is largely due to Australia's tight labour market

Market is expecting +25 K jobs and unemployment to remain at 3.5%

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