• AUD/USD flat Mon as claims of U.S.-Iran peace deal progress calms nerves

• Iran media says officials negotiating via mediators after leaving talks

• Status of Strait of Hormuz currently remains unclear amid mixed statements

• CN leaves lending benchmark loan prime rates unchanged as widely anticipated

• AUD still vulnerable to downside, break below 0.6980 would hasten move

• AU May CPI due Wed (poll -0.3% m/m), May employment data due Thur

• RBA Deputy Governor Andrew Hauser speaks in Melbourne Wed

• Range Asia 0.6999-0.7019, support 0.6980 0.6834, resistance 0.7089 0.7200
AUD Daily 55-DMA

(James Connell is a Reuters market analyst. The views expressed are his own.)