FOREX-Dollar rises from one-month low on prospect of higher interest rates

       * Dollar bounces vs euro ahead of ECB meeting
    * Central bank meetings, data later in week add risk
    * Commodity-linked currencies rise further

 (New throughout, updates prices, market activity and comments;
new byline, changes dateline, previous LONDON)
    By David Henry and Tommy Wilkes
    NEW YORK/LONDON, Oct 25 (Reuters) - The dollar rose from a
one-month low on Monday, ahead of central bank meetings and
economic data coming later this week, boosted by the prospect of
a tighter U.S. monetary policy.
    The upward move came at the expense of the euro, the
Japanese yen and the Swiss franc.
    "There's so much event risk on tap this week and the dollar
has underperformed over the last two weeks that the market's
starting to buy back the dollar," said Joseph Manimbo, senior
market analyst at Western Union Business Solutions.
    The dollar index was up nearly 0.2 at 93.8150 for the
day after having fallen during trading in Asia to a one-month
low following comments on Friday from Federal Reserve Chair
Jerome Powell that affirmed plans to cut back on bond purchases.
    At one point the dollar index was up 0.4% on the day as
yield on the 10-year U.S. Treasury rose. Then dollar eased off,
as did the 10-year yield, which was last around 1.63%.
    "Broadly speaking, the dollar is taking its cue from the 10-
year, but there's been a bit of decoupling on the notion that
other central banks appear poised to raise rates before the
Fed," Manimbo said.
    Traders are awaiting U.S. economic growth data and central
bank meetings in the euro zone, Japan and Canada later this week
that could move exchange rates.
    The euro lost 0.3% to $1.1610. The European
Central Bank meets on Thursday. While a big change is seen as
unlikely, comments from the bank could shine shift views on how
much inflationary pressures could impact interest rates.
    "There is no way that they (ECB policymakers) can't
acknowledge that inflation has run higher, but also they do not
want to get dragged into a game of expectations given the ECB's
dovish proclivities," said Jeremy Thomson-Cook, chief economist
at payments firm Equals Money.
    "Alongside inflation and growth data due this week, we will
be able to mark the European economy a lot better against its UK
and U.S. counterparts, something we expect to continue to allow
for additional euro weakness moving forward."
    The dollar chalked up gains versus the Japanese yen, rising
0.2% to 113.50 yen. The Bank of Japan meets later this
week but like the ECB, it is not expected to shift from its
dovish policy stance.
    Thursday's U.S. gross domestic product figures -- if they
show an expected slowdown -- could take some pressure off the
Fed even while inflation runs relatively hot.
    Cryptocurrency with bitcoin was up 4% at $63,168,
a bit below heights reached last week around $67,000.

    Currency bid prices at 10:00AM (1400 GMT)
 Description      RIC         Last           U.S. Close  Pct Change     YTD Pct       High Bid    Low Bid
                                              Previous                   Change
 Dollar index                 93.8150        93.6620     +0.18%         4.261%        +93.9690    +93.4830
 Euro/Dollar                  $1.1610        $1.1646     -0.29%         -4.96%        +$1.1666    +$1.1591
 Dollar/Yen                   113.7050       113.5050    +0.18%         +10.05%       +113.9150   +113.5050
 Euro/Yen                     131.99         132.17      -0.14%         +3.99%        +132.6000   +131.8700
 Dollar/Swiss                 0.9186         0.9162      +0.26%         +3.83%        +0.9202     +0.9150
 Sterling/Dollar              $1.3754        $1.3756     +0.00%         +0.69%        +$1.3791    +$1.3742
 Dollar/Canadian              1.2370         1.2368      +0.02%         -2.85%        +1.2389     +1.2339
 Aussie/Dollar                $0.7485        $0.7470     +0.25%         -2.65%        +$0.7505    +$0.7465
 Euro/Swiss                   1.0663         1.0666      -0.03%         -1.33%        +1.0692     +1.0660
 Euro/Sterling                0.8440         0.8464      -0.28%         -5.56%        +0.8467     +0.8430
 NZ                           $0.7158        $0.7150     +0.19%         -0.25%        +$0.7177    +$0.7130
 Dollar/Norway                8.3555         8.3530      +0.09%         -2.64%        +8.3710     +8.3205
 Euro/Norway                  9.7007         9.7326      -0.33%         -7.32%        +9.7341     +9.6920
 Dollar/Sweden                8.6111         8.5625      +0.14%         +5.06%        +8.6271     +8.5628
 Euro/Sweden                  9.9978         9.9838      +0.14%         -0.78%        +10.0064    +9.9838

 (Reporting by David Henry in New York and Tommy Wilkes in
London. Editing by Peter Graff and Shinjini Ganguli)

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