CANBERA: The Canadian dollar strengthened against the yen and the Australian dollar in the Asian session on Monday.
Against the yen and the Australian dollar, the loonie rose to a 5-day high of 95.86 and nearly a 2-week high of 0.9720 from Friday’s closing quotes of 95.68 and 0.9771, respectively.
If the loonie extends its uptrend, it is likely to find resistance around 96.52 against the yen and 0.96 against the aussie.
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