The AUD/USD is finding itself splashing around near 0.7275 after a run at the 0.7300 level on Wednesday following a decline in the US Dollar following US mid-term elections. Australian data has been on the disappointing side as of late, with Australia's AiG Performance of Construction Index for October sinking to 46.4, a sharp decline from September's reading of 49.3. Precious metals, especially Gold, will likely help erode the AUD's base in the future after the soft yellow metal declined from the $1,230.00 handle yesterday, but for now a softening Greenback following US elections, where President Donald Trump's ruling Republican party failed to hold onto the US House of Representatives, will be bolstering riskier assets across the board.Thursday sees a chance for broader markets to reset the board with Chinese Trade Balance figures dropping early in the session, expected sometime around 03:00 GMT, Median market forecasts expect China to post a trade surplus of $35 billion, with growth in Exports and Imports of 14% and 11% respectively. (source: fxstreet)