empty
 
 

2015.05.0405:46:00UTC+00Canadian Dollar Strengthens Against Majors

The Canadian dollar moved up against its major rivals during European trading on Monday.

The loonie extended rise to a 4-day high of 0.9495 against the aussie, compared to Friday's closing value of 0.9533.

The loonie rose to 1.2128 against the greenback and 99.12 against the yen, off early lows of 1.2180 and 98.54, respectively.

The loonie hit a 4-day high of 1.3505 against the euro, after falling to 1.3638 in prior deals.

The loonie is likely to find resistance around 0.94 versus the aussie, 1.20 against the greenback, 100.00 against the yen and 1.34 against the euro.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback