The U.S. dollar hovered near a nine-month high against a basket of major currencies Monday on growing expectations of a Federal Reserve interest rate increase in December. The dollar index, which measures the greenback against a basket of six major currencies, was up slightly at 98.756. The euro was down against the dollar at $1.0880, near a more than seven-month low touched Friday. Against the yen, the dollar rose to 104.17, the highest in a week. The euro is expected to meet resistance and support against the dollar at $1.1085 and $1.0750 respectively, while the dollar is expected to meet resistance and support against the yen at 104.99 and 103.00 respectively.

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