Canadian Dollar Drops Against Majors
May 26 2016 - 8:42PM
RTTF2
The Canadian dollar weakened against the other major currencies
in the Asian session on Friday.
The Canadian dollar fell to a 2-day low of 0.9389 against the
Australian dollar, from yesterday's closing value of 0.9376.
Against the U.S. dollar and the euro, the loonie dropped to
1.2999 and 1.4544 from yesterday's closing quotes of 1.2977 and
1.4526, respectively.
The loonie edged down to 84.54 against the yen, from an early
high of 84.77.
If the loonie extends its downtrend, it is likely to find
support around 0.96 against the aussie, 1.33 against the greenback,
1.50 against the euro and 82.00 against the yen.
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