The Canadian dollar continued its uptrend against most major currencies in European morning deals on Thursday.
The loonie advanced to a 6-day high of 1.4547 against the euro and near a 2-week high of 1.0560 against the greenback.
The loonie rallied to 97.36 against the yen, level not seen since September 19.
The loonie may aim resistance around 1.05 against the greenback, 1.44 against the euro and 98.6 against the yen.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.