AUD/USD extends losses

AUD/USD is trading at 0.7987, down 0.0082. The pair is trading soft at the lows of the day as European forex traders wind down trading for the day and month. Very Early Tuesday morning the RBA meets to announce any change to monetary policy. Regionally. the National Bureau of Statistics of China is scheduled to release August PMI data tonight at 09:00 PM ET, the Caixin Manufacturing PMI final reading for August is scheduled for release at 09:45 PM. ET.