Canadian Dollar Retreats Against Most Majors
July 26 2016 - 9:05PM
RTTF2
The Canadian dollar retreated from early highs against most
major currencies in the Asian session on Wednesday.
The Canadian dollar fell to 1.3195 against the U.S. dollar and
79.75 against the yen, from 2-day highs of 1.3159 and 80.77,
respectively.
Against the euro, the loonie edged down to 1.4506 from an early
2-day high of 1.4459.
If the loonie extends its downtrend, it is likely to find
support around 1.33 against the greenback, 76.00 against the yen
and 1.46 against the euro.
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