AUD/USD -0.25% in Asia as RBA's Dec meeting minutes confirm its dovish tilt

C.bank more confident that inflation is moving sustainably towards target

Says downside risks to economy had strengthened but stresses data dependency

Probability of a Feb easing now around 50%, April 25 bps cut fully priced in

AUD recovery attempts likely to fail near 0.6271, previous low in 2023

Higher U.S. yields will cap rallies; 10-yr yield hovers near 7-month high

Support 0.6220-25, 0.6200-05, 0.6170, resistance 0.6270-75, 0.6300-05

Asia range 0.6233-0.6249

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