Canadian Dollar Advances Against Most Majors
May 14 2023 - 11:16PM
RTTF2
The Canadian dollar strengthened against most major currencies
in the Asian session on Monday.
The Canadian dollar rose to a 5-day high of 100.71 against the
yen, from Friday's closing value of 100.09.
Moving away from an early low of 1.3568 against the U.S. dollar,
the loonie advanced to 1.3512.
Against the euro, the loonie edged up to 1.4685 from Friday's
closing value of 1.4707.
If the loonie extends its uptrend, it is likely to find
resistance around 102.00 against the yen, 1.31 against the
greenback and 1.44 against the euro.
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