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Canadian Dollar Rises Against Majors

08:48, 27th November 2014

(RTTNews) - Reversing direction, the Canadian dollar edged up against its major rivals in European deals on Thursday.

The loonie reversed from early lows of 1.1285 against the greenback and 1.4090 against the euro, advancing to 1.1237 and 1.4028, respectively.

The loonie was trading at 104.54 against the yen and 0.9629 against the aussie, off early 6-day low of 104.09 and a 2-day low of 0.9685, respectively.

The loonie is likely to find resistance around 1.115 against the greenback, 107.00 against the yen, 0.955 against the aussie and 1.39 against the euro.

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