NEW YORK ( TheStreet ) -- As investors continued to be bolstered by signs of an economic recovery, most fled the safety of the greenback for higher-yield returns. The dollar was down to 1.0826 Canadian dollars and 1.0718 Swiss francs in the early afternoon today.

Earlier on Monday, news of an 11% jump in new home sales in June likely gave investors something to cheer about.

Still, stocks were off following a mix of earnings data. Verizon ( VZ), Aetna ( AET), RadioShack ( RSH) and Honeywell ( HON) all disappointed to greater and lesser degrees .

However, the buck was tracking up against another safe haven currency at 95.1550 Japanese yen.

In Europe, the euro was gaining at $1.4223, while the sterling was changing hands in positive territory at $1.6485.

--Reported by Sung Moss in New York City
Copyright 2009 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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