Canadian Dollar Drops Against Majors
25 October 2016 - 11:30AM
RTTF2
The Canadian dollar weakened against the other major currencies
in the Asian session on Tuesday.
The Canadian dollar fell to 1.3363 against the U.S. dollar and
78.01 against the yen, from an early 4-day highs of 1.3278 and
78.49, respectively.
Against the euro and the Australian dollar, the loonie dropped
to 1.4529 and 1.0169 from an early 4-day highs of 1.4443 and
1.0101, respectively.
If the loonie extends its downtrend, it is likely to find
support around 1.35 against the greenback, 77.00 against the yen,
1.47 against the euro and 1.02 against the aussie.
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