Canadian Dollar Falls Against Most Majors
26 October 2016 - 5:03PM
RTTF2
The Canadian dollar weakened against most major currencies in
the European session on Wednesday.
The Canadian dollar fell to nearly a 2-week high of 1.4603
against the euro and a 2-day low of 77.85 against the yen, from
early highs of 1.4519 and 78.18, respectively.
Against the U.S. dollar, the loonie dropped to 1.3367 from an
early high of 1.3332.
If the loonie extends its downtrend, it is likely to find
support around 1.48 against the euro, 76.00 against the yen and
1.35 against the greenback.
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