*Dollar Reverses Uptrend; Hits New 5-month Low Of 1.3511 Against Euro

Imf's Lipsky Says Slowdown in Global Recovery Likely to Persist Into Early 2011

Home Prices Rose At Slower Annual Rate In July

Imf's Lipsky-Global Recovery to Fall Short Of 3.7 Pct Annual Rate Imf Forecast For 2nd Half 2010

Europe's Ftseurofirst 300 Pares Gains After Us Data; Up 0.2 Pct at 1,075.53 Pts