Today, the Australian dollar has witnessed another decline against the US dollar as Australia's economy reported its AiG performance of services has retreated to 48.5, the second decline in three months, adding the Australian services sector is still a recession curve, pressuring the Aussie to decline versus the greenback.

On the other hand, the AUD/USD pair dropped, which trades around 1.0718 after recorded the lowest level at 1.0711 and the highest level 1.0740.