The Canadian dollar climbed against the Japanese yen and the U.S. dollar in European morning deals on Thursday.
The loonie reached session's high of 94.79 against the yen, compared to yesterday's closing quote of 94.67.
The loonie advanced to 1.0413 against the greenback around 3:40 am ET.
If the loonie rises further, it may face resistance around 95.5 against the yen and 1.035 against the greenback.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.