Canadian Dollar Rises Against Majors
December 01 2023 - 12:04AM
RTTF2
The Canadian dollar strengthened against other major currencies
in the European session on Friday.
The Canadian dollar rose to more than a 2-month high of 1.3518
against the U.S. dollar and a 4-day high of 109.56 against the yen,
from early lows of 1.3558 and 109.03, respectively.
Against the euro, the loonie climbed to a 3-week high of 1.4728
from an early low of 1.4780.
The loonie edged up to 0.8941 against the Australian dollar,
from an early low of 0.8974.
If the loonie extends its uptrend, it is likely to find
resistance around 1.33 against the greenback, 111.00 against the
yen, 1.44 against the euro and 0.88 against the aussie.
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