AUD/USD Erases Gains

AUD/USD is trading at 0.7507, down 0.0010. The pair is trading lower on the session erasing the early session gains. Market chatter about global headline news and Australian economic data due out this evening is making the rounds, The Reserve Bank of Australia (RBA) is scheduled to release June private sector credit data at 9:30 p.m. ET. The RBA meets on August 2nd.