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 Euro Rises To 4-day High Against Canadian Dollar

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PostSubject: Euro Rises To 4-day High Against Canadian Dollar   Euro Rises To 4-day High Against Canadian Dollar Icon_minitimeTue Aug 28, 2012 11:41 am

Euro Rises To 4-day High Against Canadian Dollar


The euro appreciated by more than 0.5 percent to a 4-day high of 1.2426 against its Canadian counterpart around 5:40 am ET Tuesday from Asian session's 6-day low of 1.2361.
The euro-loonie pair is poised to recapture its mid-month gains and its next upside target could be seen around the 1.2490/1.25 area.


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