• NY opened near 0.6410 after 0.6350 traded in Asia, rally extended initially

• Lower US yields, U$ helped drive AUD/USD to 0.64355, sellers then emerged

• US Treasury Secretary Bessent said China tariffs are not sustainable

• US yields, US$ & stocks rallied while gold and USD/CNH traded lower

• AUD/USD hit 0.6361 then bounced, sat near 0.6370 late, was up only +0.05%

• Techs lean bullish; RSIs are rising, monthly bull hammer candle remains in place
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)