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Forex News: Canadian Dollar Strengthens Against Most Majors

Canadian Dollar Strengthens Against Most Majors

10/10/2018 - 03:18:00 (RTTNews)

(RTTNews) - The Canadian dollar advanced against its most major counterparts in early European trading on Wednesday.

The loonie climbed to 87.46 against the yen and 1.4869 against the euro, from its previous lows of 87.22 and 1.4897, respectively.

The loonie hit a 5-day high of 1.2927 against the greenback, from a low of 1.2950 hit at 5:15 pm ET.

If the loonie rises further, it may find resistance around 1.27 against the greenback, 89.00 against the yen and 1.47 against the euro.

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