AUD/USD Trading Higher, Business Inventories Edge Up in Australia

AUD/USD is trading at 0.7689, up 0.0033. The pair is trading in the middle of the session range. Australia's Bureau of Statistics reported that fourth quarter business inventories rose 0.3 percent versus a rise of 0.9 percent in the third quarter. The Reserve Bank of Australia (RBA) is scheduled to release private sector credit data at 7:30 p.m. ET.