On Monday, the AUD/USD gained 0.18% to end the day at $0.67389, with inflation and hawkish RBA bets providing support. Flash PMI numbers for July failed to spook investors, despite gloomy PMI numbers from Australia and Europe. This morning, there are no economic indicators from Australia or China to provide direction. The lack of stats will leave investors to focus on the Politburo meeting and the Fed interest rate decision. The US Session: US consumer confidence numbers for July will move the dial this afternoon. Economists forecast the CB Consumer Confidence Index to rise from 109.7 to 111.5. An upward trend in the ... (full story)