AUD/USD Moves Up, Capex Survey Steady

AUD/USD is trading at 0.7508, up 0.0043. The pair is trading choppy and at the highs of the session. The National Australia Bank (NAB) Australian Business Confidence survey for the second quarter slipped to 2 from 4 in the first quarter. The survey showed current business conditions rose slightly to 11 versus 10. Capital expenditure plans (capex) over the next 12 months rose slightly to 25 versus 24.