AUD/USD Drifts Down

AUD/USD is trading at 0.7770, up 0.0010. The pair has drifted down off the highs of the session in a range-bound fashion. Market chatter about U.S. payroll data due out on Friday is making the rounds. Australian Retail sales data and trade balance data are due this evening at 9:30 p.m. ET. The Australian Industry Group's Construction Index is due out on Thursday evening.