Sun, May 3rd, 2009

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* Aussie hits 7-month high vs US dollar, yen

* Dollar and yen down across board

* Risk appetite buoyant after improving economic data

* Tokyo on holiday, volumes thinner than normal

TOKYO, May 4 (Reuters) - The yen and the dollar fell onMonday, hitting seven-month lows against the Australian dollaras investor confidence about the global economy encouragedbuying of commodities and riskier currencies.

With Tokyo markets shut until Thursday for the Golden Weekholiday and London on a one-day holiday, trading was lighterthan normal but did not stop sterling and the New Zealanddollar from pushing to their highest in two weeks against theyen.

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