Reversing direction, the Canadian dollar declined against the U.S. dollar and the Japanese yen in pre-European deals on Thursday.

The loonie edged down to 92.13 against the yen and 1.3308 against the greenback, from its early highs of 92.34 and 1.3284, respectively. The next support for the loonie is seen around 91.00 against the yen and 1.34 against the greenback.

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