Greenback recovers from 4-month lows

Published Mon, May 18, 2015 · 09:50 PM

London

THE US dollar clawed its way higher on Monday, recovering from almost four-month lows reached late last week on another surprisingly bad round of US economic data.

Against the euro, it rose 0.4 per cent to US$1.1404, taking back a small portion of the single currency's more than 8 per cent gain since April 13.