Aussie ended 11-days of consecutive losses against the US dollar after RBA decided to leave its benchmark rate unchanged at 1.0%. It was the longest losing stroll in a decade. After RBA cut rates in June and July meeting, futures investors are now pricing October cut to 0.75%. Moreover, for the first time, the Australian 10-year government bond rates dropped below 1%. Monday data benefited Aussie as they showed an $8 billion increase in the trade balance in June while mixed July PMI data weighed on US Dollar. Investors will closely follow FOMC Board Member Bullard speech later in the session and the RBA Gov Lowe speech on Wednesday with the monetary policy statement. Pair is struggling to break above the 0.6800 level while its testing January crash low.