AUD/USD Trading Higher

AUD/USD is trading at 0.7598, up 0.0026. The pair is trading just under the highs of the session early Monday morning. Market talk about weekend global headline news and the Australian economy is making the rounds. The Reserve Bank of Australia (RBA) minutes are due out at 9:30 p.m. ET. Regionally, China's National Bureau of Statistics reported that the average price of new homes in 70 Chinese cities rose 7.3 percent year over year in June versus a year over year gain of 6.9 percent in May. On the month new home prices in China rose 0.8 percent in June versus a 0.9 percent rise in May.