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AUD/USD is trading at 0.7767, up 0.007. The pair is trading is rangebound and a little above the lows of the session. Australia's year over year GDP came out at up 2.3 % versus up 2.5 %. Quarter over Quarter the data was up 0.9 % versus up 0.5 %. The Australian Industry Group's survey on Business Services Performance Index came out at 49.6 versus 49.7 last month. The Group's Construction Index is due out on Thursday evening. Regionally the HSBC Chinese Services PMI came out at 53.5 versus 52.9. Australian Retail sales data and trade balance data are due tonight.
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