Nov 4th, 2009 - Reuters
* USD resumes fall, Fed keeps "extended period" pledge
* High-yielders back in favour
* Focus now on ECB, BoE rate decisions
SYDNEY, Nov 5 (Reuters) - The U.S. dollar was underpressure on Thursday, moving towards recent multi-month lows ona basket of currencies, after the U.S. Federal Reserve'sreiterated its committment to keep rates low for months tocome.
U.S. fed funds futures <0#FF:> trimmed chances of a ratehike after Fed's pledge to near zero for an 'extended period',a decision traders say is likely to fuel leveraged carry tradesand boost demand for high-yielding currencies like theAustralian and New Zealand dolalrs.
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