The AUD/USD price is tilting upwards ahead of the latest Reserve Bank of Australia (RBA) interest rate decision that is scheduled for Tuesday this week. It is trading at 0.7733, which is slightly above last week’s low of 0.7695. Recent economic data from Australia have been positive. The country is adding thousands of jobs every month while retail sales have been strong. Also, the manufacturing and services sector has continued doing well as the country reopens. For example, data released by Markit and Australia Industry Group (AIG) showed that the manufacturing PMI rose to 59.7 and 61.7, respectively in April. A PMI ... (full story)