• AUD/USD improves slightly on hawkish RBA dialogue, but remains -0.15% Wed

• RBA Deputy Governor Hauser says upside inflation risks may trigger OCR hike

• Markets unconvinced RBA will be able to hike as economic headwinds build

• Strait of Hormuz access remains restricted despite Trump claiming otherwise

• Oil supply concerns continue to re-escalate, Brent crude +0.7% to $91.67

• AU Jul jobs update Thur, Reuters poll consensus +15k jobs, 4.4% unemployment

• Range Asia 0.7069-885 support 0.6920 0.6866 0.6834, resistance 0.7130 0.7200
AUD Daily 55-DMA

(James Connell is a Reuters market analyst. The views expressed are his own.)