FOREX-Dlr near lows, Aussie hits 15-mth high after data

Thu Nov 12, 2009 6:12am GMT
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* Aussie jumps after jobs data boosts rate hike prospects

* Euro also lifted by gains in Aussie

* APEC ministers to call for "market-oriented" forex rates

* Sterling remains under pressure after BoE comments

By Kaori Kaneko

TOKYO, Nov 12 (Reuters) - The dollar was on slippery ground on Thursday after the Australian dollar jumped to a 15-month high on strong jobs data that boosted expectations of an interest rate hike next month.

The Aussie was also buoyed by firm commodity prices like gold, which hit a record high for the second straight day. [GOL/]

The dollar was under pressure on expectations that Asia-Pacific finance ministers gathered in Singapore ahead of a summit of their national leaders this weekend were set to call for flexible exchange rates.

The latest draft communique to be issued following their meeting on Thursday calls for "market-oriented" exchange rates and interest rates. [ID:nSP423373]  Continued...

 
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