RTTN: Canadian Dollar Climbs To 8-day High Against US Dollar
The Canadian dollar continued to creep higher against the currencies of the U.S. and Europe in early New York trading on Tuesday.
The loonie advanced to an 8-day high of 1.0613 against the US dollar and rose back above the key 1.46 level against the euro at the beginning of the session.
If the Canadian currency extends its advance, next likely resistance levels are seen at 1.06 against the greenback and 1.4590 against the euro.