The Canadian dollar bounced off from early lows against most major opponents in European deals on Thursday.

The loonie climbed to a 6-day high of 98.09 against the yen, up from an early low of 97.66.

The loonie also advanced to a 2-day high of 0.9455 against the aussie, reversing from an early low of 0.9499.

The loonie recouped its early losses against the greenback, trading at 1.2232. This may be compared to an early low of 1.2268.

The loonie is likely to find resistance around 100.00 against the yen, 0.94 against the aussie and 1.21 against the greenback.

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