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EN:British Pound Sterling: Currency plummets vs Australian dollar, but gains vs US dollar as risk-on returns |
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The pound euro exchange rate is 0.25% lower on the day with GBP EUR at 1.1631.
The pound dollar exchange rate is 0.61% higher with GBP USD at 1.5534.
The pound Australian dollar exchange rate is 1.33% lower on the day with GBP AUD at 1.5659.
Risk assets have surged this morning as equity markets bounce back on rumours that the IMF could bail out Italy to the tune of €600bn.
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