• AUD/USD offered in Asia as risk-aversion and elevated U.S. yields weigh

• Possible Fed-RBA rate divergence in 2025, weak commodities undermine

• Fed's likely caution on rates in 2025 contrasts with RBA easing possibility

• Weak Chinese economy, Trump's tariff threats are significant risks next year

• AUD's lack of bounce renders 0.6199 Dec 19 low, 0.6170, 2022 low vulnerable

• Fri range 0.6201-0.6226; support 0.6200-05,0.6170, resistance 0.6250,0.6270
Inflation gauges:

(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)