The Canadian dollar extended its early rally against its key counterparts in New York trading on Thursday.
The loonie firmed to a 6-day high of 90.62 against the yen, 2-day high of 0.9320 against the aussie, 8-day high of 1.4762 against the euro and a 9-day high of 1.3218 against the greenback, from its early lows of 89.89, 0.9395, 1.4897 and 1.3331, respectively.
The loonie is likely to find resistance around 89.00 against the yen, 1.34 against the greenback, 0.95 against the aussie and 1.50 against the euro.
The material has been provided by InstaForex Company – www.instaforex.com