AUD/USD new 12 month lows

AUD/USD is trading at 0.7255, down 0.0039. The pair is trading a new 12 month lows during early forex trading in the U.S. on Friday. Australian year over year PPI came out up 1.1 % versus 0.7 % on the previous report. Quarter over quarter the data was up 0.3 % versus up 0.5 % June Private Sector Credit was up 0.4 % versus May's 0.5%. Year over year the private sector credit was up 5.9 % versus May's 6.2 %.