FX Update: The dollar has been mixed FX Update: The dollar has been mixed, posting moderate losses against the euro and yen, while gaining against sterling. EUR-USD traded north of 1.1400 for the most part after closing just below here on Friday. USD-JPY edged out a one-week low at 118.36 during Tokyo trade amid a bout of general dollar softness, subsequently settling 118.60, about 20 pips down on last week's closing level. The Feb-9 low at 118.33 remained untroubled. Japanese preliminary Q4 GDP data today showed Japan exiting recession but not as strongly as expected, which helps maintain the view that the BoJ is likely to make fresh stimulus later in the year (though not likely as soon as this week's policy meeting). Cable tumbled to the 1.5370 area on profit taking and a bid tone in EUR-GBP after clocking a six-week high of 1.5440 during early London trade, which had been seen as the market reacted to a fresh set of hawkish BoE-speak. USD-CAD ebbed to a 10-day low at 1.2421 before steadying around 1.2440-50. The Canadian dollar has found an underpinning amid stronger oil prices in recent days.