AUD/USD little lower

AUD/USD is trading at 0.7750, down 0.0020. Trading has been choppy overnight and the pair is now trading near the highs of the session Thursday morning. Australian April Retail sales came out flat month over month and the April trade balance was the largest deficit ever at -3.888 billion . The Australian Industry Group's Construction Index is due out this evening. Chatter about U.S. payroll data due out Friday morning is now constant.