Canadian Dollar Drops Against Majors
June 11 2017 - 11:39PM
RTTF2
The Canadian dollar weakened against the other major currencies
in the early European session on Monday.
The Canadian dollar fell to 1.3464 against the U.S. dollar and
81.87 against the yen, from early highs of 1.3438 and 82.07,
respectively.
Against the euro and the Australian dollar, the loonie dropped
to 1.5089 and 1.0138 from early highs of 1.5057 and 1.0114,
respectively.
If the loonie extends its downtrend, it is likely to find
support around 1.37 against the greenback, 80.00 against the yen,
1.53 against the euro and 1.03 against the aussie.
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