AUD/USD has traded a 43 pip range thus far Monday; 0.6891 = intra-day low

0.6891 is also the lowest level since Feb 7 (0.6882 was low that day)

Monday's iron ore losses are helping weigh on the risk-sensitive AUD

SGX iron ore falls 3.5% to low by $120 a tonne nL1N34T0BD

Iron ore is Australia's biggest export earner. U.S. CPI data due Tuesday

RBA Governor Lowe to address Australian lawmakers on Wednesday and Friday