EURCAD Euro vs Canadian Dollar

The Canadian dollar strengthened against most major currencies in the Asian session on Thursday.

The Canadian dollar rose to a 9-day high of 105.52 against the yen and a 3-day high of 1.5102 against the euro, from yesterday's closing quotes of 104.88 and 1.5124, respectively.

Against the U.S. dollar, the loonie edged up to 1.3591 from a recent 1-month low of 1.3648.

If the loonie extends its uptrend, it is likely to find resistance around 106.00 against the yen, 1.49 against the euro and 1.33 against the greenback.

Euro vs CAD (FX:EURCAD)
Forex Chart
From Dec 2024 to Jan 2025

Euro vs CAD (FX:EURCAD)
Forex Chart
From Jan 2024 to Jan 2025