AUD/USD is trading at 0.7997. up 0.0069. Overnight Australian retail sales data came out at up 0.3 % versus up 0.7 %. Chinese services PMI came out at 52.9 versus 52.3 on the previous report. This evening Australia's unemployment data is due out and trading is expected to be very choppy with possible wide ranges. Chatter about U.S. data due out today is making the rounds and led to active trading. Thursday evening around 09:30 PMET the RBA will release it's monetary policy statement.
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