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Australian Dollar Falls To 7-week Low Against Canadian Dollar

05:28, 24th November 2014

(RTTNews) - The Australian dollar weakened against the Canadian dollar in the European session on Monday.

Against the loonie, the aussie fell to a 7-week low of 0.9708 from an early high of 0.9766. At last week's close, the aussie was trading at 0.9735 against the loonie.

If the aussie extends its downtrend, it is likely to find support around the 0.96 area.

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