2015.05.0405:46:00UTC+00Canadian Dollar Strengthens Against Majors

The Canadian dollar moved up against its major rivals during European trading on Monday.

The loonie extended rise to a 4-day high of 0.9495 against the aussie, compared to Friday's closing value of 0.9533.

The loonie rose to 1.2128 against the greenback and 99.12 against the yen, off early lows of 1.2180 and 98.54, respectively.

The loonie hit a 4-day high of 1.3505 against the euro, after falling to 1.3638 in prior deals.

The loonie is likely to find resistance around 0.94 versus the aussie, 1.20 against the greenback, 100.00 against the yen and 1.34 against the euro.