DOLLAR BACKS OFF EARLY HIGHS VERSUS YEN, POUND

Dollar comes off early highs versus yen, pound and euro into, after pound hit six-week
low of $1.3747 off the BofE's quantitative easing plans and the ongoing bailout of Lloyds TSB. The yen fell close to the four-month low struck Thursday after Japan reported the first current account deficit in 13 years. Dollar rose to Y99.19. Euro hit session low in New York of $1.2555,
but rose to $1.2625 by afternoon from $1.2641 late Friday. Dollar at Y98.83 from Y98.27 late Friday. Euro at Y124.83 from Y124.21. UK pound at $1.3829 from $1.4066 Friday. Dollar at CHF1.1590 from CHF1.1597