Canadian Dollar Extends Rally Against Most Majors
May 03 2012 - 6:57AM
RTTF2
The Canadian dollar has been extending its rally against most
major currencies in European deals on Thursday. The loonie is
currently trading at a fresh 1- 1/2 -month high of 1.2913 against
the euro and 3-day highs of 0.9831 against the greenback and 81.81
against the yen.
The next upside target level for the loonie is seen at 0.981
against the greenback, 82.5 against the yen and 1.288 against the
euro.
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