Canadian Dollar Drops Against Most Majors
February 01 2016 - 7:40PM
RTTF2
The Canadian dollar weakened against most major currencies in
the late Asian session on Tuesday.
The Canadian dollar fell to 1.4008 against the U.S. dollar and
85.93 against the yen, from early highs of 1.3935 and 86.78,
respectively.
Against the euro, the loonie edged down to 1.5292 from an early
high of 1.5173.
If the loonie extends its downtrend, it is likely to find
support around 1.44 against the greenback, 83.00 against the yen
and 1.55 against the euro.
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