AUD/USD moves up

AUD/USD is trading at 0.7390, up 0.0115. The pair is trading near the session highs during early U.S. forex trading on Tuesday. The Reserve Bank of Australia made no change to interest rates. Market talk about comments from statement that followed the decision is making the rounds. Overnight , the Australian Bureau of Statistics reported that June Australian retail sales were up 0.7 % versus up 0.4 % in May. Australia's Balance of Trade was minus 2.93 billion A$ versus minus 2.68 billion A$ in May. Tonight at 7:30 PM ET the AIG Services Index for July is due out. Some chatter about sellers near 0.7428 is making the rounds.