AUD/USD +0.32% in Asia, rallies strongly as Aus labour demand remains tight

July report showed employment rose to a 5-mth high of 3.2% from a year ago

Participation rate hits record, pushes jobless rate to 2-1/2-year high

Data in line with RBA's assessment, will strengthen its hawkish resolve

RBA rate expectations diverge from most other major c.banks, supports Aud

Waning but sticky US CPI dampens hopes of large Sep Fed cut, may cap rise

Lacklustre China data also likely to weigh on AUD sentiment

Support 0.6570-75, 0.6550-55, resistance 0.6625, 0.6640-45

Asia range 0.6570-0.6623

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