Canadian Dollar Climbs Against Most Majors
(RTTNews) - The Canadian dollar strengthened against most major currencies in the Asian session on Thursday.
The Canadian dollar rose to more than a 3-month high of 111.19 against the yen, from yesterday's closing value of 110.93.
Against the U.S. dollar and the euro, the loonie advanced to 1.3871 and 1.4916 from Wednesday's closing quotes of 1.3938 and 1.4953, respectively.
If the loonie extends its uptrend, it is likely to find resistance around 112.00 against the yen, 1.36 against the greenback and 1.48 against the euro.
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The Japanese yen weakened against other against major currencies in the European session on Tuesday.
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The U.S. dollar weakened against other major currencies in the Asian session on Monday, as traders remain cautious amid the uncertainty over the U.S. election outcome, lingering geopolitical tensions in the Middle East and the U.S. Fed's monetary policy announcement later in the week.
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