AUD/USD Gains Erode, Focus on RBA and China

AUD/USD is trading at 0.7593, up 0.0011. The pair is trading just above the session lows. Some early session gains have eroded as overseas forex traders prepare to wind down trading for the day and month. Market chatter about global headline news and the upcoming Reserve Bank of Australia (RBA) policy meeting is making the rounds. The Reserve Bank of Australia (RBA) is scheduled to release a statement and interest rate decision at 11:30 p.m. ET. Ahead of the RBA decision, the Australian Industry Group's (AIG) Australian Performance of Manufacturing Index is scheduled for release at 6:30 p.m. ET. Regionally, China's National Bureau of Statistics is scheduled for release China's manufacturing and non-manufacturing PMI figures (purchasing managers surveys) at 9:00 p.m. E.T. Caixin's China Manufacturing PMI is due out at 9:45 p.m. ET.