AUD/USD Gains Erode Ahead of Data

AUD/USD is trading at 0.7643, up 0.0037. The pair is trading choppy and the early session gains have eroded. Market talk about global headline news and money flows has kept buyers and sellers active. Market chatter about Australian economic data due out later this evening is just starting to show up. Australia's Bureau of Statistics (ABS) is set to release building permit data at 8:30 p.m. ET. The agency is scheduled release Australian retail sales data Thursday at 8:30 p.m. ET.