AUD/USD is trading at 0.7828, down 0.0012 Monday morning. Month-over-month Australian Building approval data came out at up 2.8 percent versus last month's down 1.6 percent.
Chatter about Australia's Central Bank policy meeting on Tuesday is constant. Regionally ,Chinese Final Manufacturing PMI for April came out at 48.9 percent versus March's final reading of 49.6 and a flash reading in April of 49.2.
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