AUD/USD Little Higher, Retail Sales Steady

AUD/USD is trading at 0.7616, up 0.0028. The pair is trading just under the highs of the session. Market chatter about Australian economic data and global money flows is making the rounds. Australian Bureau of Statistics reported that June retail sales rose 0.1 percent versus a 0.2 percent gain in May. During the second quarter retail sales rose 0.4 percent versus a 0.5 rise in the first quarter.