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Forex News: Canadian Dollar Rises Against Most Majors

Canadian Dollar Rises Against Most Majors

09/27/2017 - 03:37:00 (RTTNews)

(RTTNews) - The Canadian dollar strengthened against most major currencies in the early European session on Wednesday.

The Canadian dollar rose to a 2-day high of 91.12 against the yen and a 9-day high of 1.4539 against the euro, from early lows of 90.83 and 1.4574, respectively.

Against the Australian dollar, the loonie advanced to nearly a 2-week high of 0.9713 from an early low of 0.9746.

If the loonie extends its uptrend, it is likely to find resistance around 92.00 against the yen, 1.44 against the euro and 0.95 against the aussie.

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