Canadian Dollar Falls Against Most Majors
01 July 2015 - 2:59PM
RTTF2
The Canadian dollar weakened against most major currencies in
the Asian session on Wednesday.
The Canadian dollar fell to nearly a 4-week low of 1.2502
against the U.S. dollar, from yesterday's closing value of
1.2487.
Against the euro and the yen, the loonie edged down to 1.3924
and 97.94 from yesterday's closing quotes of 1.3910 and 98.00,
respectively.
If the loonie extends its downtrend, it is likely to find
support around 1.27 against the greenback, 1.42 against the euro
and 96.00 against the yen.
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