The Australian dollar bounced back from its one-year low against the US dollar as the greenback took a breather from its recent rally.
At 6.30am AEST the local unit was trading at 97.43 US cents, up from 96.23 cents at yesterday’s local close.
The currency fell to 95.94 US cents yesterday, a level not seen since early June 2012.
Source:
http://www.theaustralian.com.au/business/markets/australian-dollar-climbs-off-12-month-low-as-greenback-declines/story-e6frg94o-1226649644461
