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• AUD/USD +0.1% Thur, trading subdued as traders reset for May 5 RBA outcome
• Futures pricing implies probability of 25 bps hike has risen to 80%
• Test of major 0.7250-85 remains likely in run up to Tue's RBA meeting
• FOMC keeps statement easing bias (3-dissenting votes), leaves FFR unchanged
• U.S.-Iran deadlock ongoing, oil surges on refreshed supply concern
• AU Q1 export prices +0.5% q/q, import prices +0.1% q/q
• U.S. initial jobless claim (poll 215k), Mar PCE & Q1 GDP advance due Thur
• Range Asia 0.71145-33, support 0.6834 0.6660, resistance 0.7250 0.7283
AUD Daily 55-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)