The Canadian dollar edged down against the U.S. dollar and the Japanese yen in Europe on Friday.
The loonie edged down to 98.79 against the yen, from an early 2-day high of 99.17.
The loonie that ended yesterday’s deals at 1.2073 against the greenback dropped to 1.2120.
The next possible downside target for the loonie may be located around 1.25 against the greenback and 95.00 against the yen.
The material has been provided by InstaForex Company – www.instaforex.com