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ENM: Australian dollar in strong bounce against pound sterling, while gains in GBP |
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The Australian dollar (Currency:AUD) has found a little favour in the overnight session but remains vulnerable.
The pound Australian dollar exchange rate is half a percent lower than at last night's closing level. The GBP-AUD spot rate is 1.5395.
The pound New Zealand dollar exchange rate is 0.34 pct lower, GBP-NZD is at 1.9440.
The rise in value of the Australian dollar comes amid the rising concerns surrounding the eurozone at present, in particular Spain.
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