Canadian Dollar Drops Against Most Majors
October 26 2016 - 8:34PM
RTTF2
The Canadian dollar weakened against most major currencies in
the Asian session on Thursday.
The Canadian dollar fell to a 3-day low of 1.3395 from
yesterday's closing value of 1.3379.
Against the yen and the euro, the loonie dropped to 77.89 and
1.4603 from yesterday's closing quotes of 78.08 and 1.4594,
respectively.
If the loonie extends its downtrend, it is likely to find
support around 1.35 against the greenback, 76.00 against the yen
and 1.48 against the euro.
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