AUD/USD Trading Higher, Australian Wages Edge Up

AUD/USD is trading at 0.7691, up 0.0016. Australia's Bureau of Statistics (ABS) reported that Australia's wage price index rose 0.5 percent during the fourth quarter versus a rise of 0.4 percent in the third quarter. Year over year the index showed a rise of 1.9 percent in the fourth quarter, the same as the third quarter.