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

The Canadian dollar fell to a 2-day low of 1.3157 against the U.S. dollar, from yesterday's closing value of 1.3113.

Against the yen and the euro, the loonie dropped to 95.14 and 1.4529 from yesterday's closing quotes of 95.39 and 1.4478, respectively.

If the loonie extends its downtrend, it is likely to find support around 1.32 against the greenback, 94.00 against the yen and 1.46 against the euro.

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