Canadian Dollar At 5-day Low Against U.S. Dollar

The Canadian dollar that trimmed its early Asian session's rise against the U.S. dollar fell further in early European deals on Tuesday.

The loonie slipped to a 5-day low of 0.9767 against the greenback at 5:45 am ET, compared to Monday's close of 0.9750. On the downside, the loonie may target 0.98 level.