Canadian Dollar Drops Against Majors
December 28 2015 - 12:06AM
RTTF2
The Canadian dollar weakened against the other major currencies
in the early European session on Monday.
The Canadian dollar fell to a 5-day low of 1.5232 against the
euro, from an early high of 1.5145.
The loonie dropped to 1.3873 against the U.S. dollar, from an
early near 2-week high of 1.3813.
Against the yen and the Australian dollar, the loonie edged down
to 86.87 and 1.0076 from early highs of 87.08 and 1.0048,
respectively.
If the loonie extends its downtrend, it is likely to find
support around 1.54 against the euro, 1.40 against the greenback,
85.00 against the yen and 1.01 against the aussie.
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