RTTN:Canadian Dollar Climbs To 5-day High Against Euro
The Canadian dollar strengthened against its major rivals in early European deals on Wednesday.
The loonie climbed to a 5-day high of 1.3176 against the euro around 3:15 am ET, up from 1.3219 hit late New York Tuesday. The near-term resistance for the Canadian currency is seen around the 1.3110 level versus the common currency.
The Canadian dollar also edged higher to 0.9915 against the US dollar and 89.26 against the yen around the same time. If the loonie extends rally, likely resistance levels are seen at 0.9860 against the greenback and 89.55 against the yen.
