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The Australian dollar fluctuated in a slightly bearish range during the Asian session against the US dollar in the midst of poor economic data from the Australian economy earlier this week and ahead of the economic data expected Tuesday by the US. US economy, the world's largest economy.
At 4:06 GMT, the AUDUSD fell 0.11% to 0.7373 from 0.7381's opening levels after recording a low of 0.7365, at 0.7389.
The markets are currently banking on the publication of the housing price index, which could grow rapidly from 0.1% in April to 0.4% before the preliminary reading of the Markit index Purchasing Managers for Service and Industry in July. This may reflect the contraction of the industrial sector expansion and the stability of the service sector expansion, leading to the decline of the Rachamond industrial index from 18 to 20.