FOREX-Dollar falls on NY factory survey, euro zone inflation

(Recasts; updates prices, changes byline)

* Dollar falls as euro zone inflation scales record peak

* ECB July rate hike seen almost certain

* New York manufacturing gauge tumbles in May

By Vivianne Rodrigues

NEW YORK, June 16 (Reuters) - The dollar fell against the euro on Monday, halting a three-session winning streak, as record euro-zone inflation supported expectations of a European Central Bank interest rate hike next month.

A $2.8 billion quarterly loss from investment bank Lehman Brothers Inc LEH.N, an unexpectedly steep contraction in New York state manufacturing and another dose of inflation-busting talk from an ECB official also weighed on the U.S. currency.

Lehman's quarterly loss, while in line with market expectations, served as a reminder to investors that the credit crisis was still far from over.

The dollar rallied last week as traders bet the Federal Reserve could start raising interest rates as early as August to curb rising price pressures and inflation expectations.