AUD/USD up 1.2% Thurs on firmer risk sentiment as inflation concerns abate

News Saudi Arabia may pump more oil, cooling U.S labor demand lift risk mood

China easing COVID restrictions, Shanghai reopening adds to upbeat AUD tone

Dalian iron ore futures hit 6-week high in further boost for AUDnL1N2XP0A9

Focus shifts to U.S. jobs data Friday and RBA rate meeting June 7

Stronger than expected AU GDP Wed has raised expectations of 40 bps hike

Marginal close above 0.7253-58, the 55 and 200-DMA bullish

Clear break of 0.7265-67 daily highs opens 0.7343; support 0.7230, 0.7200-05

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