• AUD/USD has traded a 26 pip range thus far Wednesday; 0.6920-0.6946

• 0.6920 is also the low water-mark since Tuesday's 0.6960 two-week high

• AUD/NZD down to threaten 1.2134 as hawkish hike from RBNZ buoys kiwi

• 1.2134 was last week's low. RBA's Hunter says oil shock yet to slow economy

• Minutes from June's Fed meeting will be published at 1800 GMT

• BHP iron ore workers threaten first strike in decades at Port Hedland

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(Robert Howard is a Reuters market analyst. The views expressed are his own)