Wednesday, 28 October 2009

Great Britain pound

Analysts consider strongly positive for the Aussie the speculations regarding the national borrowing costs, and that today’s climb for the Australian national currency can be linked not only to the current optimism in the South Pacific region, but also with a negative outlook of some currencies like the low-yielding U.S. dollar and yen, and the currently problematic Great Britain pound.

AUD/USD climbed to 0.8354 from 0.81840 as of 11:41 GMT. AUD/JPY followed, reaching 78.814 from 77.930.

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