The Australian dollar was trading at $US 96.09 cents early this morning amid the possibility of an interest rate increase after the Reserve Bank of Australia (RBA) meets.

The value is higher than Monday's close of $US 95.88 cents. Overnight, the Aussie buck reached $US 96.45 cents before pulling back in early morning trade.

The dollar was trading between $US 95.80 cents and $US 96.40 cents at 5 p.m. yesterday.

The Australia dollar can buy the British pound at $AU 1.6493, the Euro at $AU 1.4026, and the Canadian dollar at $AU 1.0164. It could be exchanged with a unit of the Chinese Yuan for $AU 0.1555 cents, the Hong Kong dollar for $AU 0.1341 cents, and the Japanese Yen for 0.0123 cent.

The New Zealand Kiwi is worth $AU 0.7646 cents. Against the Singapore dollar, the local unit is equivalent to $AU 0.7677 cents.

The RBA board meets on Tuesday for its September monetary policy meeting. Australia's benchmark cash rate is 4.5 percent. The futures market pricing is expected to have a 25 basis point increase next. week.

The absence of economic data in the U.S. on Monday left traders on their own. Likewise, the lack of economic data in Australia will leave traders hazy today.