The Canadian dollar weakened against the other major currencies in the late Asian session on Friday.

The Canadian dollar fell to more than a 3-1/2-month low of 93.14 against the yen and an 8-day low of 1.4326 against the euro, from yesterday's closing quotes of 93.72 and 1.4280, respectively.

Against the U.S. and Australian dollars, the loonie edged down to 1.2643 and 0.9838 from yesterday's closing quotes of 1.2615 and 0.9793, respectively.

If the loonie extends its downtrend, it is likely to find support around 1.44 against the euro, 92.40 against the yen, 1.272 against the greenback and 1.00 against the aussie.

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