Canadian Dollar Climbs Against Majors
May 09 2017 - 1:42AM
RTTF2
The Canadian dollar strengthened against the other major
currencies in the European session on Tuesday.
The Canadian dollar rose to an 8-day high of 1.4895 against the
euro, a 4-week high of 83.18 against the yen and nearly a 4-week
high of 1.0038 against the Australian dollar, from early lows of
1.4972, 82.62 and 1.0127, respectively.
Against the U.S. dollar, the loonie advanced to 1.3670 from an
early low of 1.3708.
If the loonie extends its uptrend, it is likely to find
resistance around 1.47 against the euro, 85.00 against the yen,
0.99 against the aussie and 1.35 against the greenback.
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