NEW YORK (CNNMoney.com) -- The dollar rose against major currencies Monday as lingering debt concerns about Greece and Dubai boosted the currency's appeal as a safe haven for investors.
What prices are doing: The dollar rose 0.2% versus the euro to $1.3599 and was up 0.2% against the U.K. pound to $1.5663. Against the Japanese yen, the dollar edged up slightly to ¥89.87.
 |
| Click on the chart to view other currencies. |
The dollar was mixed last week as European leaders met to discuss Greece's debt and after Federal Reserve Chairman Ben Bernanke outlined a plan to withdraw trillions of the dollars used to prop up the nation's economy.
What's driving prices: Trading was light Monday with U.S. markets closed for Presidents Day and many Asian markets shut for the Lunar New Year holiday.
The dollar pushed higher as investors worried that a meeting of European Union leaders in Brussels on Monday may not provide a concrete plan of how Greece will be rescued from defaulting on its debt.
Risk appetite was also dampened amid concerns that government-backed Dubai World may reschedule its debt, analysts at financial firm BNP Paribas said in a research note.
"While the Dubai problem does involve relatively small amounts of outstanding debt it will remind investors of how difficult a solution for Europe's peripheral might become," BNP Paribas said. 
| Overnight Avg Rate | Latest | Change | Last Week |
|---|---|---|---|
| 30 yr fixed | 3.80% | 3.88% | |
| 15 yr fixed | 3.20% | 3.23% | |
| 5/1 ARM | 3.84% | 3.88% | |
| 30 yr refi | 3.82% | 3.93% | |
| 15 yr refi | 3.20% | 3.23% |
Today's featured rates:
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 32,627.97 | -234.33 | -0.71% |
| Nasdaq | 13,215.24 | 99.07 | 0.76% |
| S&P 500 | 3,913.10 | -2.36 | -0.06% |
| Treasuries | 1.73 | 0.00 | 0.12% |
| Company | Price | Change | % Change |
|---|---|---|---|
| Ford Motor Co | 8.29 | 0.05 | 0.61% |
| Advanced Micro Devic... | 54.59 | 0.70 | 1.30% |
| Cisco Systems Inc | 47.49 | -2.44 | -4.89% |
| General Electric Co | 13.00 | -0.16 | -1.22% |
| Kraft Heinz Co | 27.84 | -2.20 | -7.32% |
|
Bankrupt toy retailer tells bankruptcy court it is looking at possibly reviving the Toys 'R' Us and Babies 'R' Us brands. More |
Land O'Lakes CEO Beth Ford charts her career path, from her first job to becoming the first openly gay CEO at a Fortune 500 company in an interview with CNN's Boss Files. More |
Honda and General Motors are creating a new generation of fully autonomous vehicles. More |
In 1998, Ntsiki Biyela won a scholarship to study wine making. Now she's about to launch her own brand. More |
Whether you hedge inflation or look for a return that outpaces inflation, here's how to prepare. More |
