AUD/USD Higher

AUD/USD is trading at 0.7733, up 0.0118. The RBA left Australia's rates unchanged. Chatter about the central banks monthly monetary statement is making the rounds and has led to some buying. Trading is active and sellers have backed away. Market talk about Australia's GDP and the NAB Business Confidence Index due out tonight along with the Australian Industry Group's survey on Business Services Performance Index is making the rounds. The Group's Construction Index is due out on Thursday evening.