Canadian Dollar Recovers Against Majors
13 December 2017 - 5:59PM
RTTF2
The Canadian dollar bounced off from its previous lows against
its major counterparts in the European session on Wednesday.
The loonie recovered to 1.2855 against the greenback, 1.5093
against the euro and 88.17 against the yen, from its early lows of
1.2880, 1.5133 and 88.04, respectively.
Having dropped to near a 2-week low of 0.9742 against the aussie
at 9:30 pm ET, the loonie reversed direction and advanced to
0.9721.
The next possible resistance for the loonie is seen around 1.27
against the greenback, 1.50 against the euro, 89.00 against the yen
and 0.96 against the aussie.
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