The dollar fell on Wednesday on continued worries that a struggling U.S. housing sector and lingering credit problems could hurt the broader economy.

Data showing moderate U.S. retail sales growth and benign producer price inflation in October was not enough to turn the greenback around.

The euro was up 0.7 percent to $1.4700, not far from a record high of $1.4752 hit last week, according to Reuters data.

The New York Board of Trade's dollar index, a broad gauge of the U.S. currency's value, fell 0.5 percent on the day to 75.488.

The dollar rose against the yen, helped by a revival in risk taking, trading up 0.4 percent to 111.35 yen.

(Reporting by Kevin Plumberg; Editing by Tom Hals)