OTTAWA (Alliance News) - The Canadian dollar climbed against most major currencies in Europe on Monday. The loonie spiked up to near a 3-week high of 1.2908 versus the greenback, off its early low of 1.2982. Reversing from an early nearly 2-week low of 1.4728 against the euro, the loonie edged up to 1.4656. The loonie, having fallen to a 2-month low of 82.11 against the yen at 5:00 pm ET, reversed direction and was trading higher at 82.99. If the loonie extends rise, it may find resistance around 1.26 against the greenback, 84.00 against the yen and 1.44 against the euro.

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