FOREX-Dlr and yen ease as risk sentiment resilient

* U.S. dollar and yen pare previous session's gains

* Growth-linked currencies like Aussie edge up

* New Zealand dollar falls after subdued inflation numbers

By Anirban Nag

SYDNEY, April 20 (Reuters) - The U.S. dollar and the yen edged back on Tuesday as a sell-off in growth-linked currencies waned, while the New Zealand dollar fell sharply after soft inflation data backed a view that rates there would remain low.

The euro inched up to $1.3492, from $1.3484 late in New York on Monday, while the Australian dollar rose to $0.9250, from around $0.9230 on Monday.

The euro extended its bounce on the yen , rising to 124.75 yen, from Monday's low of 123.14 yen, with resistance seen around 125.76 yen, it April 15 low.

Traders said appetite for riskier assets was supported by some good earnings report from the United States, which helped the Dow rise 0.7 percent <.DJI> and counter fears about a broader regulatory fallout from the Goldman Sach's charges.

Goldman Sachs Group Inc faced rising regulatory and legal pressure on Monday as allegations that the bank duped clients fueled momentum for regulatory reform on both sides of the Atlantic. For more, see [ID:nN19193616].

The market will also eye the Shanghai stock market <.SSEC>, a day after Chinese shares tumbled nearly 5 percent after Beijing took further steps to control speculative buying in the property sector. China is a huge buyer of commodities and any moves by it to tighten demand could lead to a sell-off in growth-linked currencies.

"Modest gains in stock markets, including among financials helped ease the sting of last week's Securities and Exchange Commission action (against Goldman Sachs)," David Watt senior currency strategist at RBC Capital wrote in a morning note.

"Risk sentiment is showing resiliency."

The dollar index, a gauge of the greenback's value against a basket of currencies <.DXY> was down 0.1 percent to 80.91 and pulling back from a high of 81.28. It had gained broadly on Monday after the Goldman news sparked a bout of risk aversion.

The dollar typically gains in times of greater aversion to risk as investors put money into Treasuries for safety.

The dollar was steady on the yen at 92.41 yen, having gained nearly 0.3 percent on Monday. The yen was under pressure on the crosses, losing ground against the euro and the Australian dollar .

The New Zealand dollar lurched lower to $0.7090, from around $0.7126, after inflation numbers came in below expectations.

The consumer price index (CPI) rose 0.4 percent in the three months to March 31, below a Reuters forecast of a 0.6 percent rise and suggesting the Reserve Bank of New Zealand could hold rates at a record low of 2.5 percent for a while yet.

"It would encourage the Reserve Bank to remain patient," said Mark Smith, economist, at ANZ-National Bank.

The Aussie was firm at $0.9253, ahead of minutes from the Reserve Bank of Australia's (RBA) last board meeting. At the meeting, the central bank raised the cash rate to 4.25 percent and promised more increases in coming months.

Traders are geared up for a hawkish set of minutes and any signs that the RBA may take a breather in May could see a sell-of in the Aussie.

(Editing by Wayne Cole)