The dollar bounced back from a five-year low against the yen and hit a two-month high against the euro on Tuesday as a Treasury Department report that showed the largest amount of foreign money flowing into the U.S. in November in five months.

Net flows of capital into U.S. assets surged to $81 billion in November from a revised $48.3 billion in October, surpassing market expectations of around $55 billion.

November’s inflows more than adequately covered the trade deficit of nearly $60.3 billion for the month.

The euro was down 0.4 percent at 1.3005 in midmorning trading, having fallen below $1.30 earlier in the session for the first time since November. Against the yen, the dollar rose 0.6 percent, to 102.66, up more than a yen from five-year lows hit on Monday.

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