The Aussie is trading at 0.7515 right in the range set by the RBA. There is a lack of data today and will leave currencies sitting tight over the weekend. China is on holiday and Japan is out on Monday for local celebrations. The next big event for the Aussie will be on Tuesday when the RBA releases the minutes from their last meeting along with housing prices.
The greenback avoided major swings after an array of mediocre US economic data lessened the odds the Federal Reserve will hike interest rates next week. Although most Fed watchers did not previously view a September interest rate hike as likely, those chances diminished further after the Commerce Department reported that US retail sales fell 0.3 per cent in August from the prior month.
Pair is likely to find support around 0.7450 and resistance above 0.7550 handle.
UK still likely to leave the EU with a negotiated agreement, says Number 10
Sentix Investors Confidence rose to 14.7 in August
German factory orders -4.0% seasonally adjusted on the previous month
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
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