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EN:Australian dollar: Currency back in favour on exchange rate markets as risk-on returns |
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The pound Australian dollar exchange rate is 1.180% lower with 1 GBP = 1.5297 AUD.
The euro Australian dollar exchange rate is 0.767% lower with 1 EUR = 1.3411 AUD.
The Australian dollar US dollar exchange rate is 1.278% higher with 1 AUD = 1.0300 USD.
The Australian dollar had a tough day yesterday losing ground to the US dollar from a close of 1.02 to a low of 1.0118.
Indeed the mood was heavily 'risk off' during the European session, but switched to 'risk on' in US afternoon trade.
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