Canadian Dollar Declines Against U.S. Dollar, Euro

RTTNews | hace 561
Canadian Dollar Declines Against U.S. Dollar, Euro

(RTTNews) - Reversing direction, the Canadian dollar weakened against the U.S. dollar and the euro in the New York session on Friday.

The loonie fell to 1.3476 against the greenback, from an early 4-week high of 1.3419.

The loonie touched 1.4750 against the euro, setting a 2-day low.

The currency may possibly face support around 1.38 against the greenback and 1.50 against the euro.

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The U.S. dollar strengthened against other major currencies in the Asian session on Thursday, as traders await the U.S. Consumer Price Index (CPI) for August, which is scheduled for release later today.
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