OTTAWA (Alliance News) - The Canadian dollar weakened against most major currencies in the early European session on Friday.
The Canadian dollar fell to a 2-day low of 95.55 against the yen, from an early high of 95.80.
Against the euro, the loonie dropped to 1.4129 from an early high of 1.4085.
Pulling away from an early high of 1.2947 against the US dollar, the loonie edged down to 1.2971. This may be compared to an early 6-year low of 1.2972.
If the loonie extends its downtrend, it is likely to find support around 93.00 against the yen, 1.43 against the euro and 1.60 against the greenback.
