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Forex News: Canadian Dollar Firms Against Majors

Canadian Dollar Firms Against Majors

05/08/2024 - 12:56:00 (RTTNews)

(RTTNews) - The Canadian dollar strengthened against its major counterparts in the New York session on Wednesday.

The loonie rebounded to 1.3717 against the greenback, from an early 1-week low of 1.3762.

The loonie rose to 0.9018 against the aussie and 1.4745 against the euro, from an early low of 0.9059 and more than a 6-month low of 1.4787.

The loonie touched 113.42 against the yen, setting a 6-day high.

The loonie is poised to challenge resistance around 1.34 against the greenback, 0.885 against the aussie, 1.44 against the euro and 116.00 against the yen.

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05/17/2024 - 13:33 PM (RTTNews)
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