Canadian Dollar Off Early Lows Vs Euro and U.S. Dollar

Canadian Dollar Off Early Lows Vs Euro and U.S. Dollar

9 March 2016, 09:31
Roberto Jacobs
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Canadian Dollar Off Early Lows Vs Euro and U.S. Dollar

The Canadian dollar trimmed its early losses against the euro and the U.S. dollar in pre-European trading on Wednesday.

The loonie recovered to 1.4731 against the euro and 1.3418 against the greenback, from its early low of 1.4775 and a 5-day low of 1.3446, respectively.

The next possible resistance for the loonie may be found around 1.46 against the euro and 1.32 against the greenback.


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