Canadian Dollar Strengthens Against Most Majors
25 February 2015 - 1:57PM
RTTF2
The Canadian dollar strengthened against most major currencies
in the Asian session on Wednesday.
The Canadian dollar rose to 5-day highs of 1.2458 against the
U.S. dollar and 1.4132 against the euro, from yesterday's closing
quotes of 1.2484 and 1.4158, respectively.
Against the yen, the loonie advanced to a 5-day high of
95.29.
If the loonie extends its uptrend, it is likely to find
resistance around 1.20 against the greenback, 1.37 against the euro
and 97.20 against the yen.
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