Canadian Dollar Drops Against Most Majors
16:26, 8th February 2016
(RTTNews) - The Canadian dollar weakened against the other major currencies in the Asian session on Tuesday.
The Canadian dollar fell to nearly a 3-week low of 1.5637 against the euro and a 2-week low of 82.34 against the yen, from yesterday's closing quotes of 1.5584 and 83.17, respectively.
Against the U.S. dollar, the loonie dropped to 1.3951 from yesterday's closing value of 1.3926.
If the loonie extends its downtrend, it is likely to find support around 1.59 against the euro, 79.00 against the yen and 1.42 against the greenback.
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