NEW YORK (Dow Jones)--The dollar fell against the yen Monday as disappointing Japanese growth data stoked concerns about global growth and sent investors to the traditional safe harbor.
The flight from risk also benefited the Swiss franc, which was up about 1.3% against the dollar, and also ahead against the euro. Most higher-yielding currencies, including the Australian and New Zealand dollars, were down or little changed as the Japanese data generally weighed on market sentiment.
However, the euro rose against the dollar despite concerns about an upcoming Irish government bond sale on Tuesday.