AUD/USD Little Changed

AUD/USD is trading at 0.7890, up 0.0012. Trading has been range-bound during early U.S. forex trading Thursday morning. Overnight Australian Consumer Inflation expectations came out at 3.6 versus 3.4 in April. Regionally, China's May manufacturing flash PMI came out at 49.1 versus 48.9 for the final April PMI data. China's Output index came out at 48.4 pretty much the lowest in a year.