AUD/USD Little Higher Ahead of RBA, Australian Retail Sales Rise

AUD/USD is trading at 0.7593, up 0.0002 The pair is trading just under the session highs. Market chatter about regional growth and weekend headline news is making the rounds. Australian Bureau of Statistics (ABS) reported that January retail sales rose 0.4 percent versus a 0.1 decline in December. The Reserve Bank of Australia (RBA) meets this evening and is scheduled to release a statement and interest rate decision at 10:30 p.m.ET.