AUD/USD moves lower

AUD/USD is trading lower at 0.7656, down 0.0078. Australia's Private Capital expenditures quarter over quarter data came out down 4.4 %. The 2015 to 2016 estimates were revised to down 6.6 %. The pair fell quickly after the data was released and has been trading rangebound to lower for most of the overnight session. Australian New homes sales are due out Thursday evening. Market talk about comments from the G-7 meetings and U.S. data due out today has been making the rounds.