#AUDUSD has transitioned into a bearish breaker, hitting 2-week lows and liquidating bearish positions, with sell-side pressure currently at CMP => 0.641760.

In today's early Asian session, AUD/USD remains below 0.6450. Here's what's happening:
- Recent hawkish comments from Fed officials are bolstering the Greenback.
- Australian inflation data remains moderate, and the tight labor market might lead to RBA rate cuts this year.

During the early Asian session today, AUD/USD is holding defensively near 0.6420. Here's what's driving the market:
- The Federal Reserve's media blackout began at midnight Friday, but recent hawkish signals suggest the first rate cut might occur in September.
- Comments from Fed officials like Chicago Fed President Austan Goolsbee and Atlanta Fed President Raphael Bostic indicate a cautious approach towards rate cuts, affecting market expectations.
- The US Dollar is gaining support from Fed officials' hawkish stance, creating a challenge for AUD/USD.
- Investors are closely watching US inflation data this week, particularly the PCE Price Index, while the Australian Consumer Price Index (CPI) on Wednesday will be pivotal for the Aussie's movement.

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