AUD/USD Little Lower

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AUD/USD is trading at 0.7274, down 0.0021. The pair is trading near the session lows early Monday morning. Early Tuesday morning, the RBA will announce any changes to interest rates and Monetary policy. Over the weekend, the Australian industry Group's July manufacturing index came out at 50.4 versus 44.2 in June. The Housing Industry Association new home sales for June were up 0.5 percent versus down 2.3 percent in May. On Monday tonight, the Australian Bureau of Statistics is scheduled to release Australian Retail sales for June. Regionally, China's National Bureau of Statistics reported that July non-manufacturing PMI came 53.9 versus 53.8. China's manufacturing PMI came out at 50.0 versus 50.2 on the previous report. China's July Caixin Manufacturing PMI for July came out at 47.8 versus 49.4 in June.
Posted In: FuturesForexMarketsAustralian dollar
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