Dollar dips, stocks fall as Trumpflation trade pauses

By Nigel Stephenson LONDON (Reuters) - The dollar edged lower against major currencies and global stocks were on the defensive on Monday as a "Trumpflation"-fuelled rally paused and political risks came to the fore in Europe. U.S. Treasury yields, which have risen since Republican Donald Trump won the U.S. presidential election on a platform seen likely to raise U.S. growth and inflation and lead to higher interest rates, fell from 2016 highs hit on Friday. The euro rose 0.5 percent to $1.0649,