Dollar on Worst Streak Since ’13 as Slow Growth Cuts Fed Bets

The dollar tumbled, extending its longest streak of losses since August 2013, as signs of dimming economic growth threaten the Federal Reserve’s path to higher rates.

The greenback continued to unwind the strongest start to the year in at least a decade as a report showing the slowest economic expansion in a year cast a pall over policy makers’ meeting in Washington. Traders who pushed the dollar to its highest in a decade are paring those wagers as the U.S. currency heads for its first monthly loss since June.