Canadian Dollar Advances Against Majors
27 April 2015 - 1:06PM
RTTF2
The Canadian dollar strengthened against the other major
currencies in the Asian session on Monday.
The Canadian dollar rose to 1.2148 against the U.S. dollar, from
an early 4-day low of 1.2188.
Moving away from early 5-day lows of 97.46 against the yen and
0.9539 against the Australian dollar, the loonie rose to 97.86 and
0.9508, respectively. At Friday's close, the loonie was trading at
97.58 against the yen and 0.9524 against the aussie.
Against the euro, the loonie edged up to 1.3197 from last week's
closing value of 1.3239.
If the Loonie extends its uptrend, it is likely to find
resistance around 1.20 against the greenback, 1.30 against the
euro, 99.00 against the yen and 0.93 against the aussie.
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