The AUD/USD pair trades on a stronger note near 0.6675 during the early Asian session on Monday.

■AUD/USD extends the rally around 0.6675 in Monday’s early Asian session.

■The US Core PCE inflation rose 2.6% YoY in May, compared to 2.6% in April.

■The stubborn inflation in Australia pushed back the expectation that the RBA would cut rates, boosting the Aussie.