News Column

Canadian Dollar Strengthens Against Most Majors

May 21, 2014

OTTAWA (Alliance News) - The Canadian dollar advanced against most major opponents in Asian deals on Thursday.

The loonie hit a 2-day high of 93.12 against the yen, following a multi-week low of 92.47 touched on Wednesday.

The loonie edged up to 1.0904 against the greenback and 1.4915 against the euro.

If the loonie extends gain, it may seek resistance around 1.08 against the greenback, 94.00 against the yen and 1.48 against the euro.

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Source: Alliance News

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