Extending last week's rally, the euro touched 1.2795 against the Canadian dollar around 9:40 am ET Monday and this set its strongest level since July 3.
Technically, the euro-loonie pair is heading towards its 50.0 percent retracement level at 1.2810 and the next barrier above this mark would be its 61.8 percent target at 1.2970.
by RTT Staff Writer
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