United States Goods Trade Balance dipped from previous $-82.4B to $-83.7B in April | FXStreet

AUD/USD fades Monday’s optimism and trades with decent losses in the low 0.7000s ahead of the opening bell in Asia. Indeed, spot fails to capitalise on the offered stance of the Greenback and the relatively easing tensions in the Middle East on Tuesday. In the meantime, the AUD is expected to follow the release of housing data in Oz and Chinese inflation figures, all due on Wednesday.