Dollar pauses for breath as firming Fed bets push up yields

The dollar took a breather on Monday after surging to a seven-month high, while emerging, commodity and bond markets were jittery after strong U.S. jobs data boosted bets for a December rate hike by the U.S. Federal Reserve. European and Asian shares both started the week in a subdued mood as a fresh batch of soft Chinese trade data added to the uncertainty surrounding what is increasingly expected to be the Fed's first hike in almost a decade. Wall Street was expected to start 0.3 percent lower