Aussie settles higher versus greenback

Australian dollar tilted higher in Asian trade off February 2016 lows against its US counterpart for the third session, ahead of US manufacturing data later today. 

As of 03:11 GMT, AUD/USD inched up to 0.7043, with an intraday high at 0.7071, and a low at 0.7033. 

Now investors await the final reading for the US manufacturing PMI by Markit, estimated at 53.9, same as the first reading and down from 55.3 in November.