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The Canadian dollar weakened against the other major currencies in the Asian session on Friday.
The Canadian dollar fell to a 2-day low of 0.9977 against the Australian dollar, from yesterday's closing value of 0.9927.
The loonie dropped to 77.57 against the yen, from an early 3-day high of 77.86.
Against the euro and the U.S. dollar, the loonie edged down to 1.4511 and 1.3035 from yesterday's closing quotes of 1.4485 and 1.3017, respectively.
If the loonie extends its downtrend, it is likely to find support around 1.00 against the aussie, 76.00 against the yen, 1.47 against the euro and 1.32 against the greenback.
