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* The U.S. dollar gained against the yen and the euro on Monday but pulled back from its highs of the day with investors betting on a slower pace of Federal Reserve interest rate hikes going forward.

* Speculators' net long bets on the U.S. dollar fell in the latest week to the smallest position in more than a year, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Monday. ? The value of the net long dollar position was $2.36 billion for the week ended Nov. 8, compared with a net long position of $3.08 billion for the prior week.

* The dollar started the week on the front foot Monday after tumbling last week, strengthening recent bets that weakness in the greenback is likely to reverse as Federal Reserve officials continued to push against the idea of a sooner rather than later pause on hikes.The U.S. dollar index, which measures the greenback against a tradeweighted basket of six major currencies, rose by 0.51% to 106.71. The dollar fell 4% last week.

* The Russian rouble was trading higher on Monday, holding close to last week's level of 60 against the U.S. dollar as domestic exporters prepared to buy roubles ahead of a new tax period.The rouble was up 0.45% against the dollar to 60.27 by 0830 GMT. Against the euro, it traded flat at around 62.18.

* The U.S. dollar bounced in early European trade Monday, recovering to a degree after last week's sharp selloff as comments from Federal Reserve Governor Christopher Waller prompted a reassessment of the central bank's future monetary policy.At 03:00 ET (08:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.4% higher at 106.550, climbing from Friday's near three-month low of 106.28.

Data inference

* 'Actual' greater than 'Forecast' is good for currency.

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