The Australian dollar pared early gains to trade little changed with economists and money markets divided on whether the Reserve Bank will raise rates again on Tuesday or pause to assess its previous tightening measures.
AUD/USD was little changed at 0.6671 after rising as much as 0.2% earlier. The RBA's policy decision is being watched with 13 out of 32 analysts expecting a 25bp hike, while markets price in only 20% chance of an increase.
USD/JPY fell 0.1% to 144.53; FX pair had touched 145.07 on Friday, the highest since November.
The Bloomberg Dollar Spot Index declined 0.1% while trading in Treasuries was closed on Tuesday for Independence Day holiday in the US.
Source: Bloomberg
