LONDON, Feb 10 - The dollar slipped to one-month lows against the euro and 11-year lows on sterling on Tuesday as markets remained greenback bearish even after a weekend Group of Seven meeting warned against excess currency volatility. With markets sceptical the G7's concern with "disorderly movements in exchange rates" could lead to coordinated market intervention, investors remained biased toward selling the dollar due to long running concerns about the U.S. current account deficit.
There was also little data on Tuesday's calendar to give the market pause for thought, while dealers awaited U.S Federal Reserve Chairman Alan Greenspan's Congressional testimony on Wednesday as the next event for the dollar. At 0805 GMT the dollar traded near the day's lows of $1.2788 per euro , down more than 2/3 of a percent on the day. It also slipped a quarter percent to 105.39 yen , close to a three-year low at 105.20. Sterling remained near the day's high of $1.8688 , up more than half a percent on the day. The losses took the dollar to its lowest in a month against a broad measure of currencies, to 85.43 <=USD>. Amid the highlights of a minor data day, the Richmond Fed's monthly manufacturing and service index is due at 1500 GMT.//