ACM - The Dollar rebounded from a 2-1/2 week low versus the Euro on Monday after a key forecasting gauge unexpectedly rose in April, suggesting that a sharp economic downturn in the US might be nearing a bottom. That eased fears about consumer confidence and reassured investors that the Federal Reserve would have room to hike interest rates later this year. The Fed's aggressive interest rates cuts to ward off a recession have undermined the Dollar's appeal to foreign investors seeking higher returns in favor of the euro and other high-yielding currencies.