AUD/USD holds above 0.6700 after China cuts RRR for banks by 25 bps

0.6700 is a former resistance level. 0.6725 was 10-day high at 0703 GMT

Ascent to 0.6725 fuelled by risk appetite rise on support for troubled banks

0.6590 was Wednesday's low, when CS shares tanked (AUD is risk-sensitive)

Fed rate decision next week; 25 bps hike currently expected nL1N35O18I