FOREX-Dollar flat; buffeted by Asia talk, consolidation

Thu Nov 12, 2009 8:47am GMT
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* APEC ministers to call for "market-oriented" forex rates

* Euro seen hugging $1.50 options level

* Aussie dollar at 15-month high after jobs data

(Recasts, updates prices, adds comment and quotes, changes byline and dateline. Previous: TOKYO)

By Jamie McGeever

LONDON, Nov 12 (Reuters) - The dollar was little changed on Thursday, struggling amid growing calls for Asian currencies to trade more freely -- effectively appreciate -- but supported by profit-taking on recent gains in other currencies like the euro.

With a light economic data calender on Thursday, apart from strong Australian jobs numbers that boosted the Aussie dollar to a 15-month high, the broader market was left to consolidate.

Asia-Pacific finance ministers gathered in Singapore ahead of a summit of their national leaders this weekend are expected to call for flexible exchange rates.  Continued...

 
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