Investing.com - The Australian dollar edged lower against its U.S. counterpart on Monday, after the release of downbeat job advertisements data from Australia and a weak manufacturing report from China.
AUD/USD hit 0.7290 during late Asian trade, the session low; the pair subsequently consolidated at 0.7295, edging down 0.17%.
The pair was likely to find support at 0.7232, Friday's low and a six-year low and resistance at 0.7366, Friday's high.
Data earlier showed that job advertisements in Australia fell 0.4% last month after an increase of 1.2% in June, whose figure was revised from a previously estimated 1.3% gain.
Separately, data showed that China's Caixin manufacturing purchasing managers' index ticked down to 47.8 in July from 48.2 the previous month. Analysts had expected the index to rise to 48.3 this month.
China is Australia's biggest export partner.
Meanwhile, the greenback's gains were limited after the Labor Department reported on Friday that U.S. employment costs rose 0.2%, the lowest gain since 1982, compared to expectations for a 0.6% increase.
The University of Michigan also said on Friday that its consumer sentiment index ticked down to 93.1 in July from 93.3 the previous month, confounding expectations for a rise to 94.0.
The Aussie was steady against the euro, with EUR/AUD at 1.5036.