Canadian Dollar Drops Against Majors
22 August 2016 - 5:12PM
RTTF2
The Canadian dollar slipped against the other major currencies
in European deals on Monday.
The loonie retreated from an early high of 78.19 against the
yen, edging down to 77.75.
The loonie declined to a weekly low of 1.2936 against the
greenback, 11-day low of 1.4611 against the euro and a 4-day low of
0.9835 against the aussie, off its early highs of 1.2871, 1.4561
and 0.9786, respectively.
If the loonie slides further, it may find support around 1.30
against the greenback, 1.47 against the euro, 0.99 against the
aussie and 76.00 against the yen.
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