AUD/USD Little Changed

AUD/USD is trading at 0.7654, down 0.0007. Trading is range-bound. Australia's April private sector credit came out at up 0.3 percent month-over-month. Investor housing credit was up 10.4 percent on the month in April. Australian New homes sales were up 0.6 % versus a rise in March of 4.4 percent. Market talk about comments from the G-7 meetings and U.S. data due out today has been making the rounds. Sunday night building approval data is due out. Australia's GDP data is due out on Tuesday evening. Along with the NAB Business Confidence Index. Chatter about next week's Reserve Bank of Australia (RBA) monthly monetary policy meeting is just beginning. Australian Retail sales data are also due out next week. Regionally Chinese PMI data is due out on Sunday.
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