Aussie resumes decline from four-month high versus greenback

Australian dollar tilted lower in Asian trade off August 9 highs for the ninth session out of 17 against its US counterpart, ahead of US housing and labor data. 

As of 04:18 GMT, AUD/USD shed 0.16% to 0.7055, with an intraday low at 0.7066, and a high at 0.7078. 

Now investors await US unemployment claims data, expected with a 6 thousand increase in the week ending December 22 to 220 thousand, while continuing claims is expected with a 5 thousand drop to 1.673 million. 

US housing prices are estimated with a 0.3% increase last month, down from 0.2%, while new home sales are expected with a 4% surge to 566 thousand units.