Forex Market Update :Epic Research Malaysia

The currencies of large oil exporters, including the Canadian dollar, Norwegian krone and Russian ruble rose against the U.S. dollar Monday as oil prices fluctuated between gains and losses.

The Canadian dollar CADUSD, -0.42%  traded at 79.4 cents, rising off a six-year low of about 78 cents that was reached Friday.

The dollar USDRUB, +0.05%  traded lower against the ruble after rising to its highest level against the Russian currency since its mid-December collapse. The ruble changed hands at 68.5 to the dollar, compared with 70 to the dollar Friday.

The Australian dollar AUDUSD, -1.81%  also benefitted from stronger commodity prices. It traded at 78.19 cents, compared with 77.66 cents Friday afternoon, after the currency hit its lowest level against the buck since July 2009 last week.

The shared currency EURUSD, -0.08%   rose to $1.1346, compared with $1.1285 Friday.

The dollar USDJPY, -0.50%  was up to ¥117.68 compared with ¥117.41 late Friday in New York.