The Australian dollar tilted higher in Asian trade against its US counterpart, after three sessions of losses, moving away from January 4, 2017 lows following earlier business confidence data from Australia.
As of 02:27 GMT, AUD/USD rose 0.14% to 0.7280, with an intraday high at 0.7293, and a low at 0.7262.
An index tracking business confidence in Australia rose to 7 in July from 6, the best since April, according to the National Australia Bank (NAB).
Now markets await US import prices data, expected to have risen 0.1% m/m in July, compared to a 0.4% decline in June, while prices excluding petroleum are estimated to have risen 4.5% y/y, up from 4.3%.