The dollar retreated from a near multi-year highs against the AUD, NZD und euro as traders weighed a U.S. jobs report showing incomes declined in December. Speculators boosted wagers on the U.S. currency versus eight of its major peers to a record high before the U.S. releases consumer-price data Jan. 16. The dollar´s advances against major peers stalled last week as U.S. jobs data revealed a mixed picture. While American employers hired 252,000 workers in December, wages slumped. Average hourly earnings fell to $24.57, 0.2 percent lower, and 0.4 percent gain in November was revised down to 0.2 percent. Officials expect inflation to keep falling near due to lower energy prices and a stronger currency, the Fed said in the minutes. An inflation report is forecast to show prices fell 0.4 percent in December from a month earlier. ECB President Mario Draghi said earlier this month that policy makers have to act against the risk of deflation, even when those risks are limited. The euro touched a nine-year low versus the dollar last week and today slipped to its weakest since October against the yen as an official said European Central Bank policy makers met to discuss government-bond purchases. It advanced 0.2 percent to $1.1864, after last week dropping to a nine-year low of $1.1754. Japan´s currency rose 0.2 percent to 118.30 per dollar and touched 118.22, the highest level since the 118.06 reached Jan. 6. Japanese markets are closed today for a holiday. The yen last week climbed for the first time in four weeks, adding 1.7 percent, after reaching 121.85 on Dec. 8, the weakest level since July 2007. Australia´s dollar climbed 0.3 percent to 0.8229, 2.4 percent higher than the 5 ½-year low touched January 7.
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