Australian dollar is the laggard on Monday despite PBOC comments.

Dovish comments from PBOC leader Zhou on the weekend did nothing to boost the Australian dollar today. AUD/USD is down a full cent to 0.7651 in the fifth day of losses.

Bids are listed at the intraday low of 0.7634 with more substantial buyers at 0.7600 and stops below. The big level is the 2015 low of 0.7561, which is the low for the year.

There are minor offers at 0.7720 but the upside isn't likely to be in play.

AUDUSD daily