The Canadian dollar strengthened against most major currencies in the Asian session on Monday.
The Canadian dollar rose to 103.09 against the yen, from last week's closing quote of 102.91.
Against the U.S. dollar and the euro, the loonie edged up to 1.1592 and 1.4188 from early lows of 1.1641 and 1.4213, respectively.
If the loonie extends its uptrend, it is likely to find resistance around 103.94 against the yen, 1.14 against the U.S. dollar and 1.39 against the euro.
The material has been provided by InstaForex Company – www.instaforex.com