Canadian Dollar Slides Against Most Majors
May 02 2016 - 10:02PM
RTTF2
The Canadian dollar weakened against most major currencies in
the Asian session on Tuesday.
The Canadian dollar fell to 1.2529 against the U.S. dollar, from
an early 4-day high of 1.2502.
Against the yen and the euro, the loonie dropped to 84.53 and
1.4452 from early highs of 84.97 and 1.4421, respectively.
If the loonie extends its downtrend, it is likely to find
support around 1.27 against the greenback, 82.00 against the yen
and 1.46 against the euro.
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