Dollar continues rise, euro extends losing streak

New York

THE US dollar last week advanced for a fifth consecutive month as the United States moves closer to its first interest-rate increase since 2006, while policymakers from Japan, the eurozone and China pledge further stimulus to support growth.

The 18-nation euro slid versus the greenback, adding to its longest streak of losses since 2010, before the European Central Bank meets on Thursday. The dollar climbed against Russia's rouble, Norway's krone and other currencies of commodity-exporting nations as oil extended its slump to a four-year low.