Safe-haven dollar edges up as news on consumer, economic growth worries investors; stocks drop
Safe-haven dollar higher on consumer, economy data Decline of safe-haven buck back as housing data spurs markets, Fed official supports low rates
Dollar decline continues as stocks jump NEW YORK — The safe-haven dollar began the week lower as a Federal Reserve official urged the continuation of stimulus programs and as home sales in October greatly exceeded market expectations, revving up traders’ taste for higher-yielding assets. |