Thursday, May 17, 2012
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FOREX-Dollar soft; Aussie gains as rate hike talk mounts

The dollar fell on Monday, losing ground after a G7 ministers meeting at the weekend brought no surprises, while the Australian dollar gained as speculation mounted that the country's central bank could raise rates this week. >>

* Dollar slips vs basket of currencies; yen crosses rise

* Aussie gains as local media see chance of Tuesday rate hike

* Payrolls reinforce low US rates; G7 sticks with FX formula

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