AUD/USD Little Changed, Australian PPI Edges Up

AUD/USD is trading at 0.7521, down 0.0010. Australia's Bureau of Statistics reported that year over year producer prices (PPI) rose 0.7 percent in the fourth quarter versus a rise of 0.5 percent in the third quarter. Quarter over quarter Australian PPI improved to 0.5 percent rise versus a rise of 0.3 percent previous quarter.