• AUD/USD rallied 0.6456-0.6516 overnight, NY opened near 0.6510, up +0.74%

• Easing of geopolitical tensions helped drive a bid for riskier assets

• USD/CNH fell toward 7.1700, stocks and copper
rallied

• Gold fell sharply, reinforced investors are shunning safe-havens

• AUD/USD rallied above the 10- & 21-DMAs, traded to a four session high

• Techs are bullish; RSIs rising, a rally follows Monday's daily bull hammer candle

• US June consumer confidence, Richmond Fed manufacturing index are data risks

• Fed's Powells' testimony to House Financial Services Committee begins 10:00 am EDT
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)