Forex Signals Updates

[jani777]

Canadian dollar rises on NAFTA hopes, yen hits 10-1/2-month low

The Canadian dollar rose to a four-month high at 1.2837 per U.S. dollar before giving up some gains. It last traded about 0.4 percent higher at $1.2852.

The yen weakened to 113.85 per dollar, reaching its lowest since the middle of November last year before giving up some gains.

The yen last traded 0.05 percent higher at 113.77 yen.

The euro traded flat with worries about a rise in Italy's deficit weighing on the single currency after the Italian government agreed to set a higher than expected budget deficit target.

The euro last changed hands at $1.1610, not far off a more than two-week low of $1.1569 touched on Friday.