The Canadian dollar continued to be lower against its key counterparts in European trading on Friday.

The loonie fell to 2-day lows of 1.4583 versus the euro, 1.3048 versus the greenback and 0.9422 against the aussie, compared to yesterday's closing values of 1.4526, 1.2977 and 0.9376, respectively.

The loonie edged down to 84.06 against the yen, pulling away from its early high of 84.77.

The next possible downside target for the loonie may be found around 82.00 against the yen, 1.32 against the greenback, 1.47 against the euro and 0.955 against the aussie.

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