FXstreet.com (Barcelona) - The Australian Dollar (AUD) opened just above the 0.6500 before falling back steadily as the china stimulus plan failed to materialize and stocks slipped.

Fresh US stock market lows helped the pair to break 0.6400 and close on a weak footing. January Trade balance fell to 0.97Bn vs. 1.1Bn forecast. January Building Permits slipped -3.8% vs. 1.4% forecast.

Easy Forex Team said: Overall the AUD/USD traded with a low of 0.6358 and a high of 0.6483 before closing the US session at 0.6380.