Trade Alerts

Canadian Dollar Advances Versus Most Majors

June 16, 2017
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The Canadian dollar rose versus other currencies in the Asian session on Friday.

Against the yen and the euro, the loonie advanced to 83.91 and 1.4771 from yesterday’s closing quotes of 83.59 and 1.4786, respectively.

The Canadian dollar also strengthened against the U.S. dollar to 1.3250 from yesterday’s closing quote of 1.3268.

If the CAD extends its uptrend, it may find support approximately 85.00 against the yen, 1.45 against the euro and 1.30 against the greenback.

The material has been provided by InstaForex Company – www.instaforex.com

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