Canadian Dollar Rises Against Majors
January 25 2024 - 9:04PM
RTTF2
The Canadian dollar strengthened against other major currencies
in the late Asian session on Friday.
The Canadian dollar rose to 2-day highs of 1.3463 and 109.75
against the yen, from early lows of 1.3483 and 109.47,
respectively.
Against the euro, the loonie advanced to a 3-day high of 1.4592
from an early low of 1.4622.
The loonie rebounded to 0.8869 against the Australian dollar,
from an early low of 0.8882. The loonie rose earlier to a 2-day
high of 0.8865 against the aussie.
If the loonie extend 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 0.87 against the aussie.
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