Canadian Dollar Drops Against Most Majors
22 July 2016 - 9:48AM
RTTF2
The Canadian dollar weakened against most major currencies in
the Asian session on Friday.
The Canadian dollar fell to nearly a 2-week low of 1.3112
against the U.S. dollar, from yesterday's closing value of
1.3087.
Against the euro and the yen, the loonie dropped to a 9-day low
of 1.4452 and an 8-day low of 80.58 from yesterday's closing quotes
of 1.4427 and 80.85, respectively.
If the loonie extends its downtrend, it is likely to find
support around 1.32 against the greenback, 1.46 against the euro
and 77.00 against the yen.
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