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Home NEWS August 09 FOREX-Dollar near lowest this year, US data eyed

FOREX-Dollar near lowest this year, US data eyed

* Dollar index drops as low as 78.111, lowest this year

* Aussie climbes to 10-mth high and sterling hits 9-mth peak

* Euro reverses gains to 2-month high

* Market awaits a slew of U.S. economic data

The dollar hovered near its lowest point this year against a basket of currencies on Monday after higher oil prices, steady global stock markets and U.S. GDP data boosted investments in riskier assets. >>

News - August 09