Dollar Rises Most in a Month as Traders Snap Up Safe Havens

The dollar strengthened the most in a month as investors reached for safe havens amid a broad pullback in global stock and bond markets.

The Bloomberg Dollar Spot Index rose as much as 0.7%, the biggest intraday advance since July 30. The currency was stronger against all its Group-of-10 peers, with the Japanese yen and British pound falling sharply.

Traders sought out the relatively stability of the dollar on a day dominated by headlines about the Britain’s precarious budget and the potential for political upheaval in Japan. Despite the prospect of softer employment figures, the dollar could find support in ...