Canadian Dollar Rises Against Most Majors
May 08 2023 - 12:10AM
RTTF2
The Canadian dollar strengthened against its most major rivals
in the European session on Monday.
The Canadian dollar rose to a 3-week high of 1.3348 against the
U.S. dollar and a 6-day high of 101.17 against the yen, from early
lows of 1.3387 and 100.67, respectively.
Against the euro, the loonie edged up to 1.4734 from an early
low of 1.4766.
If the loonie extends its uptrend, it is likely to find
resistance around 1.31 against the greenback, 103.00 against the
yen and 1.45 against the euro.
US Dollar vs CAD (FX:USDCAD)
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US Dollar vs CAD (FX:USDCAD)
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