The Canadian dollar strengthened against most major in the Asian session on Thursday.

The Canadian dollar rose to a 2-day high of 1.5705 against the euro, from yesterday's closing value of 1.5787.

Against the U.S. dollar and the yen, the loonie advanced to 2-day highs of 1.4449 and 81.28 from yesterday's closing quotes of 1.4504 and 80.62, respectively.

If the loonie extends its uptrend, it is likely to find resistance around 1.54 against the euro, 1.42 against the greenback and 84.00 against the yen.

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