• NY opened near 0.6510 after 0.6497 traded overnight, 0.6501 traded early NY

• Buyers emerged however as US yields , US$ fell sharply

• Benign May CPI data weighed down yields, US$ which rallied AUD/USD

• AUD/USD traded 0.6546, dipped toward 0.6510 then neared 0.6530 late

• USD/CNH gains, gold's drop from its high, copper drop helped limit gains

• AUD/USD traded up +0.12% late and technicals leaned bullish

• Rising daily, monthly RSIs, hold above 10-DMA highlight upside risks
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)