Canadian Dollar Slides Against Most Majors
18 August 2017 - 11:34AM
RTTF2
The Canadian dollar weakened against most major currencies in
tha Asian session on Friday.
The Canadian dollar fell to a 2-day low of 1.2691 against the
U.S. dollar and a 4-day low of 86.13 against the yen, from
yesterday's closing quotes of 1.2679 and 86.38, respectively.
Against the euro, the loonie dropped to 1.4872 from yesterday's
closing value of 1.4865.
If the loonie extends its downtrend, it is likely to find
support around 1.28 against the greenback, 85.00 against the yen
and 1.50 against the euro.
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