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Forex News: Canadian Dollar Strengthens Against Most Majors

Canadian Dollar Strengthens Against Most Majors

09/18/2018 - 03:37:00 (RTTNews)

(RTTNews) - The Canadian dollar climbed against its most major rivals in the early European session on Tuesday.

The loonie hit a 4-day high of 86.20 against the yen, from a 6-day low of 85.48 hit at 8:00 pm ET.

The loonie bounced off to 1.3022 against the greenback, from a 6-day low of 1.3065 touched at 7:30 pm ET.

Having dropped to a weekly low of 1.5261 against the euro at 2:15 am ET, the loonie reversed direction and edged up to 1.5220.

The loonie is seen finding resistance around 88.5 against the yen, 1.28 against the greenback and 1.51 against the euro.

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