The Canadian dollar fell against the most major currencies in the early European session on Tuesday.
The Canadian dollar slipped to a 5-day low 1.5267 against the euro around 3:40am ET, from yesterday’s closing value of 1.5215.
The Canadian dollar slipped to a 4-day low of 1.1069 against the greenback around the same time, from yesterday’s closing value of 1.1050.
Against the yen, the loonie fell to 93.28, from yesterday’s closing value of 93.42.
If the Canadian dollar extends its downtrend, it may find support around 1.55 against the euro, 1.11 against the greenback and 92.21 against the yen.
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