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Dollar softens against European currencies in New York.
NEW YORK : The dollar fell against European currencies on Friday in thin Passover and Easter holiday trade despite strong February US personal income and spending.
Escalating violence between Israel and the Palestinians led investors to buy the Swiss franc as a safe-haven play, contributing to the dollar's soft position, although traders said flows were very light, exaggerating price actions.
European and US stock and bond markets were closed for the holidays.
Brisk US consumer spending in February, seen as a positive for the dollar because it signifies more evidence of US economic recovery, did little to bolster the greenback due to the holidays, …
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