27.10.201320:23:00UTC+00Dollar Index Drifts Off Two-Year Low touched Friday
Against a basket of currencies, the dollar was slightly higher at 79.216, but still not far from a near nine-month low of 78.998 touched on Friday.
The dollar added about 0.2 percent against the yen to 97.55 yen, edging away from a more than two-week low of 96.92 yen hit on Friday.
The dollar remained supported against the yen on the view that the yield differential between Japanese government bonds and U.S. Treasuries will persist, as the Fed eventually moves toward tapering its stimulus while the Bank of Japan maintains its ultra-easy stance.
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