Canadian Dollar Drops Against Most Majors
(RTTNews) - The Canadian dollar weakened against most major currencies in the Asian session on Tuesday.
The Canadian dollar fell to nearly a 3-month low of 1.4193 against the U.S. dollar, from yesterday's closing value of 1.4177.
Against the yen and the euro, the loonie edged down to 110.86 and 1.6123 from Monday's closing quotes of 111.00 and 1.6113, respectively.
If the loonie extends its downtrend, it is likely to find support around 1.43 against the greenback, 109.00 against the yen and 1.62 against the euro.
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