The Canadian dollar weakened against most major currencies in the Asian session on Tuesday.
The Canadian dollar fell to a 5-day low of 91.47 against the yen and a 4-day low of 1.4577 against the euro, from yesterday’s closing quotes of 92.05 and 1.4541, respectively.
Against the U.S. dollar, the loonie edged down to 1.3176 from yesterday’s closing value of 1.3152.
If the loonie extends its downtrend, it is likely to find support around 89.00 against the yen, 1.52 against the euro and 1.34 against the greenback.
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