Canadian Dollar Slides Against Most Majors
11 February 2016 - 10:42AM
RTTF2
The Canadian dollar weakened against most majors currencies in
the Asian session on Thursday.
The Canadian dollar fell to 3-week lows of 1.5752 against the
euro and 80.72 against the yen, from yesterday's closing quotes of
1.5718 and 81.35, respectively.
Against the U.S. dollar, the loonie dropped to 1.3948 from
yesterday's closing value of 1.3922.
If the loonie extends its downtrend, it is likely to find
support around 1.61 against the euro, 78.00 against the yen and
1.43 against the greenback.
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