Canadian Dollar Drops Against Most Majors
October 19 2016 - 7:27PM
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 1.3146 against the
U.S. dollar and a 2-day low of 1.4425 against the euro, from
yesterday's closing quotes of 1.3114 and 1.4389, respectively.
Against the yen, the loonie dropped to 78.76 from yesterday's
closing value of 78.87.
If the loonie extends its downtrend, it is likely to find
support around 1.34 against the greenback, 1.47 against the euro
and 76.00 against the yen.
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