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Canadian Dollar Drops Against Most Majors

20:34, 26th October 2016

(RTTNews) - 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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