AUD/USD Trading Lower

AUD/USD is trading at 0.7602, down 0.0046. The pair has extended the session losses. Market chatter about regional growth and global headline news is making the rounds. China's National Bureau of Statistics reported that year over year CPI (consumer price index) for August rose 1.3 percent versus a 1.8 percent rise July. On the month China's CPI rose 0.1 percent versus a 0.2 percent rise in July. Producer prices (PPI) in China fell 0.8 percent year over year in August versus a 1.7 percent fall in July.