Canadian Dollar Firms Against Majors
(RTTNews) - The Canadian dollar climbed against its major counterparts in the New York session on Tuesday.
The loonie recovered to 1.3925 against the greenback, from an early more than 2-year low of 1.3967.
The loonie climbed to a 6-day high of 0.9090 against the aussie, 5-day high of 111.07 against the yen and a fresh 4-month high of 1.4779 against the euro, off its early lows of 0.9162, 110.00 and 1.4845, respectively.
The next possible resistance for the currency is seen around 1.34 against the greenback, 0.89 against the aussie, 112.00 against the yen and 1.45 against the euro.
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Canadian Dollar Climbs Against Majors
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the late Asian session on Thursday.
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Commodity Currencies Rise On Upbeat Crude Oil Prices
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Wednesday, as the crude oil prices rose amid concerns about escalating tensions between the U.S. and Russia over the war in Ukraine after Russian President Vladimir Putin updated the nuclear doctrine.
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Commodity Currencies Rise Against Majors
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Wednesday.
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Canadian Dollar Climbs As Inflation Accelerates
The Canadian dollar strengthened against its major counterparts in the New York session on Tuesday, following the release of hotter-than-expected inflation data for October.
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Euro Slides Against Majors
The euro weakened against other major currencies in the European session on Tuesday, as traders are worried that protectionist policies by President-elected Donald Trump could disrupt the Eurozone's growth potential.
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