CURRENCIES: Dollar Takes Back Lost Ground After New Lows

The dollar retook some lost ground against most major counterparts after touching new lows in Asian trading Monday.

One dollar was buying 94.68 yen, down from 94.80 yen in late North American trading on Friday.

The British pound was buying $1.6715 after earlier rising as high as $1.6780, its highest level in nine months.

The dollar index (DXY), which tracks the U.S. unit against a trade-weighted basket of six major currencies, was at 78.351, up from 78.329 late Friday. Earlier Monday, it fell to a 2009 low around 78.05.

The euro was changing hands at $1.4240, down from $1.4257 late Friday.

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