Canadian Dollar Drops Against Most Majors
September 27 2017 - 10:15PM
RTTF2
The Canadian dollar weakened against most major currencies in
the Asian session on Thursday.
The Canadian dollar fell to a 4-week low of 1.2506 against the
U.S. dollar, from yesterday's closing value of 1.2476.
Against the yen and the euro, the loonie dropped to 2-day lows
of 90.28 and 1.4672 from yesterday's closing quotes of 90.40 and
1.4652, respectively.
If the loonie extends its downtrend, it is likely to find
support around 1.27 against the greenback, 89.00 against the yen
and 1.48 against the euro.
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