FOREX-Dollar under pressure, commodity currencies jump

* U.S. dollar on the defensive, high-yielders jump

* G-20 and IMF statements weigh on the U.S. dollar

* Fonterra payout lifts kiwi

By Anirban Nag

SYDNEY, Nov 9 (Reuters) - The U.S. dollar fell on Monday while the New Zealand dollar led other commodity-linked currencies sharply higher after dairy giant Fonterra lifted its forecast payout to farmer shareholders by almost 20 percent.

Also hurting the U.S. dollar was a meeting of the Group of 20 finance officials meeting that failed to take any concrete action to rebalance global flows or talk more specifically about the dollar's recent decline [ID:nLQ516726].

The International Monetary Fund in a statement said while the U.S. dollar has depreciated in the recent months, it still remained on the "strong" side, sparking another bout of selling in Asia.

The dollar index was 0.23 percent lower .DXY =USD at 75.646 with the euro EUR= higher at $1.4870, from $1.4846 late in New York on Friday. The dollar and the yen JPY= had gained on Friday after a weaker-than-expected U.S. non-farm payrolls report for October.

On Friday, the U.S. government reported employers cut 190,000 jobs in October, driving the unemployment rate to a 26-½ year high of 10.2 percent. Both the yen and the U.S. dollar tend to gain when doubts about a global recovery emerge.