U.S. dollar gains on yen, but slips against other rivals By Lisa Twaronite, MarketWatch TOKYO (MarketWatch) -- The Australian dollar seized the Asian spotlight Wednesday, posting strong gains after economic data showed that country's April-June growth beat forecasts. The Aussie was up 1.3% at 89.95 U.S. cents, after the Australian Bureau of Statistics said gross domestic product rose 1.2% on a seasonally adjusted basis in the quarter, topping economists' consensus forecast for 0.9% growth as compiled by Dow Jones Newswires. Read more on Australian Q2 GDP. Against the yen -- which surged to a 15-year high against the greenback last week -- the dollar (USDYEN 84.1100, -0.0300, -0.0357%) gained back some lost ground, rising to ¥84.40, from ¥83.87 in late North American trading on Tuesday. The euro (EURYEN 107.0600, +0.2800, +0.2622%) also gained on the Japanese unit, buying ¥107.20, up from ¥106.29. The dollar index (DXY 82.85, -0.36, -0.43%) , a measure of the U.S. unit against a basket of currencies, slipped slightly to trade at 83.071, down from 83.097. The euro (EURUSD 1.2730, +0.0044, +0.3469%) rose to $1.2696 from $1.2679 late Tuesday, and the British pound (GBPUSD 1.5403, +0.0054, +0.3518%) rose to $1.5376, up from $1.5352. On Tuesday, the dollar recovered against the euro but remained down against the yen on after U.S. stocks turned negative and Federal Reserve officials indicated willingness to consider taking additional steps to provide more support if the economy weakens further. See Tuesday's Currencies report.

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