Canadian Dollar Slides Against Most Majors
11 August 2017 - 12:12PM
RTTF2
The Canadian dollar weakened against most major currencies in
the Asian session on Friday.
The Canadian dollar fell to nearly a 1-month low of 1.2753
against the U.S. dollar and a 1-1/2-month low of 85.47 against the
yen, from yesterday's closing quotes of 1.2742 and 85.69,
respectively.
Against the euro, the loonie dropped to 1.5008 from yesterday's
closing value of 1.4999.
If the loonie extends its downtrend, it is likely to find
support around 1.30 against the greenback, 84.00 against the yen
and 1.51 against the euro.
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