AUD/USD Little Lower, Business Confidence Eases

AUD/USD is trading at 0.7709, down 0.0008. The pair is trading a little lower during early forex trading in the U.S. The National Australia Bank ( NAB) Australian Business Confidence survey slipped to 4 in October versus 6 in September. The business conditions portion of the survey slipped to 6 from 8 in October. The Westpac-Melbourne Institute Consumer Sentiment Index is due out 6:30 p.m. ET.