The dollar rose on Monday as the euro shed more of last week’s gains and falling crude-oil prices dragged commodity-linked currencies lower.Oil-linked currencies put in their worst performances in months. The Russian ruble USDCAD, +0.0667% shed 1.9% of its value to 69.50 — its lowest level in 3½ months — compared with 68.04 late Friday in New York. The Norwegian krone USDNOK, -0.1224% fell to 8.66 to the dollar, from 8.50 late Friday. The U.S. dollar CADUSD, -0.0666% traded at C$1.35, compared with C$1.33 Friday.

The ICE U.S. Dollar Index DXY, -0.15% a measure of the dollar’s strength against a basket of six currencies, rose 0.3% to 98.6610.
The euro EURUSD, +0.1569% fell to $1.0848, and will likely continue to Marinov said. It had traded at $1.0887 late Friday in New York after recording its largest weekly gain against the dollar since early May last week.
Falling crude weighed on the Russian ruble USDRUB, -4.8644% Canadian dollar CADUSD, -0.0888% and Norwegian krone NOKUSD, +0.1098% among other commodity-linked currencies.
In other currency trading, the British pound GBPUSD, -0.0266% traded lower against the dollar at $1.5061, compared with $1.5112. The dollar USDJPY, -0.18% traded at ¥123.33, compared with ¥123.12.
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