Summary

• The ASX is struggling for purchase in early trade, falling by as much as 0.3 per cent
• The miners are down after iron ore prices pulled back overnight. The metal is still worth more than $US100 per tonne. 
• The Australian dollar jumped to a more-than four-month high of 68.13 US cents. It was worth 67.98 US cents at 10.15am AEST. 
• Economists will be looking for colour from the Reserve Bank of Australia today, but the cash rate is not expected to move from 0.25 per cent