News Column

Canadian Dollar Rises Back Against Yen, US Dollar

June 16, 2014

OTTAWA (Alliance News) - Reversing early slide, the Canadian dollar rose back against the yen and the US dollar in New York deals on Monday.

The loonie was trading around 93.97 against the yen, off early multi-day low of 93.56.

The loonie climbed back to 1.0835 against the greenback, setting more than 2-week high, from an early multi-day low of 1.0881.

If the loonie continues gain, it may find resistance around 1.07 against the greenback and 94.6 against the yen.

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Source: Alliance News

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