The Canadian dollar continued ts decline against the U.S. dollar in European deals on Monday.
The loonie declined to a 6-day low of 1.2077 against the greenback, down from an early high of 1.1998. The loonie may possibly find support around the 1.22 zone. At last week’s close, the pair was quoted at 1.2009.
The material has been provided by InstaForex Company – www.instaforex.com