The Canadian dollar advanced against the Japanese yen and the U.S. dollar in European deals on Monday.

The loonie edged up to 98.16 against the yen and 1.2152 against the greenback, off early multi-day lows of 97.46 and 1.2194, respectively. The loonie may possibly find resistance around 99.00 against the yen and 1.20 against the greenback.

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