Dollar Rises as Haven Demand Overshadows Services, Hiring

The dollar gained versus most of its major peers as investors seeking a haven from signs of slower global growth ignored U.S. reports showing the service industries and private employment expanded more than forecast.

Australia’s currency slid to the weakest in almost a month after the nation had its biggest trade deficit since 2008 and data showed China’s services industry expanded the least in more than a year. The euro declined versus the greenback after a report showed the region’s services and manufacturing shrank. The U.S. jobless rate rose, a report may show Oct. 5.