News Column

Canadian Dollar Falls Against Most Majors

July 13, 2014

CANBERA (Alliance News) - The Canadian dollar weakened against most major currencies ahead of the European session on Monday.

The Canadian dollar fell to nearly a 3-week low of 1.0746 against the US dollar, 2-week low of 1.4619 against the euro and nearly a 2-week low of 1.0100 against the Australian dollar, from early highs of 1.0726, 1.4590 and 1.0059, respectively.

If the loonie extends its downtrend, it is likely to find support around 1.08 against the greenback, 1.47 against the euro and 1.02 against the aussie.

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Source: Alliance News

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