AUD/USD Little Changed, Manufacturing PMI Firms

AUD/USD is trading at 0.7578, up 0.0001. The pair is trading choppy just above the session lows. Market chatter about headline news and Australian economic data is making the rounds. The Australian Industry Group (AIG) Performance of Manufacturing Index (PMI) for July rose to 56.4 versus 51.8 in June. The TD Securities-Melbourne Institute consumer inflation reported showed a 0.3 percent fall in July versus a 6 percent rise in June. Australia's Housing Industry Association (HIA) reported that new home sales during June rose 8.2 percent versus a 4.4 percent decline in May. The Reserve Bank of Australia is scheduled to announce if there is any change in monetary policy at 12:30 a.m. ET.