AUD/USD Trading Higher Ahead of Data

AUD/USD is trading at 0.7681, up 0.0025. The pair is trading rangebound. Chatter about global headline news and Australian economic data due out later this evening is making the rounds. Australia's Housing Industry Association (HIA) is scheduled to report Australian new home sales at 7:00 p.m. The Reserve Bank of Australia (RBA) is scheduled to release private sector credit data at 7:30 p.m. ET.