NEW YORK, Nov 16 (Reuters) - The U.S. dollar pared losses against the yen and gained against the euro on Monday after Federal Reserve Chairman Ben Bernanke said the U.S. central bank is attentive to changes in the dollar and the Fed's mandate will help ensure the dollar remains strong. [ID:nN16493345] and [ID:nWEQ003581].
"It might not necessarily have any policy implications, but I think it's clear that the Fed has at least noted recent movements in the dollar and that in itself is probably significant enough for the market in the very short term," said Vassili Serebriakov, currency strategist at Wells Fargo in New York.
The dollar was last down 0.2 percent against the yen at
89.49 yen
The euro surrendered all its gains from the global session
on the Bernanke comments and last traded down 0.1 percent at
$1.4901, well off the session high of $1.4994