Canadian Dollar Slides Against Most Majors
March 05 2018 - 2:30AM
RTTF2
The Canadian dollar dropped against its most major counterparts
in the European session on Monday.
The loonie dropped to 1.2939 against the greenback, its lowest
since July 2017.
The loonie declined to more than a 2-year low of 1.5934 against
the euro and near a 7-month low of 1.0025 against the aussie, from
its early highs of 1.5836 and 0.9983, respectively.
The loonie is likely to find support around 1.32 against the
greenback, 1.61 against the euro and 0.9983 against the aussie.
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