2016.09.2900:40:00UTC+00Canadian Dollar Advances Against Majors

The Canadian dollar strengthened against the other major currencies in the Asian session on Thursday.

The Canadian dollar rose to an 8-day high of 77.69 against the yen and a 3-day high of 1.0039 against the Australian dollar, from yesterday's closing quotes of 76.97 and 1.0059, respectively.

Against the U.S. dollar and the euro, the loonie advanced to 6-day highs of 1.3048 and 1.4644 from yesterday's closing quotes of 1.3079 and 1.4671, respectively.

If the loonie extends its uptrend, it is likely to find resistance around 79.00 against the yen, 0.99 against the aussie, 1.29 against the greenback and 1.45 against the euro.