Canadian Dollar Rises Against Most Majors
11 April 2017 - 11:55AM
RTTF2
The Canadian dollar strengthened against most major currencies
in the Asian session on Tuesday.
The Canadian dollar rose to nearly a 6-week high of 1.4099
against the euro, from yesterday's closing value of 1.4117.
Against the U.S. and the Australian dollars, the loonie advanced
to an 8-day high of 1.3314 and nearly a 2-month high of 0.9987 from
yesterday's closing quotes of 1.3325 and 0.9997, respectively.
If the loonie extends its uptrend, it is likely to find
resistance around 1.39 against the euro, 1.32 against the greenback
and 0.97 against the loonie.
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