Canadian Dollar Drops Against Most Majors
February 08 2016 - 04:26PM
RTTF2
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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