Canadian Dollar Off Highs Versus Majors
November 06 2017 - 02:58AM
RTTF2
The Canadian dollar trimmed its early gains against its major
rivals in the European session on Monday.
The loonie eased to 1.2773 against the greenback and 0.9789
against the aussie, from its early highs of 1.2742 and 0.9758,
respectively.
The loonie retreated to 89.32 against the yen and 1.4810 against
the euro, from its previous near a 2-week high of 89.81 and more
than a 2-week high of 1.4774, respectively.
If the loonie weakens further, it may find support around 1.29
against the greenback, 88.00 against the yen, 0.99 against the
aussie and 1.49 against the euro.
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