Huge 0.6700 expiry exerts magnetism over AUD/USD following drop from 0.6808

The size of the option strike for the 10am ET NY cut is A$2.6 billion

0.6808 was Friday's seven-week peak, before some profit-taking on USD shorts

Pre-weekend low was 0.6695, after hawkish Waller/jump in US CPI expectations

Asian session low was 0.6691. Australia nears wide-ranging shake up of RBA

Australia to revise commodity price assumptions in May budget nL4N36K0GS