RTTN:Greenback Trades Nearly 5-week Low Against Canadian Dollar
The US dollar extended its 2-day losing streak against the Canadian dollar on Wednesday in early deals, falling to 1.0276 around 6:40 am ET, its weakest level since June 20.
With the greenback-loonie pair moving broadly in an ascending channel and the present move heading to trend-line support of the channel, next key downside levels are seen at 1.0250, 1.0220 and 1.02.
