The Canadian dollar weakened against most major currencies in the late Asian session on Friday.

The Canadian dollar fell to 1.3614 against the euro, from yesterday’s closing value of 1.3583.

Against the U.S. dollar and the yen, the loonie edged down to 1.2506 and 95.22 from yesterday’s closing quotes of 1.2479 and 95.46, respectively.

If the loonie extends its downtrend, it is likely to find support around 1.40 against the euro, 1.27 against the greenback and 93.30 against the yen.

The material has been provided by InstaForex Company – www.instaforex.com