AUD/USD Little Lower, Australian Private Sector Credit Steady

AUD/USD is trading at 0.7226, down 0.0007. The pair is trading rangebound and a little above the session lows. The Reserve Bank of Australia (RBA) reported that private sector credit in Australia rose 0.5 percent in November versus a rise of 0.5 percent in October. Year over year private sector during November edged up to a rise of 5.4 percent from the 5.3 percent rise in October.