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The Canadian dollar weakened against most major currencies in the Asian session on Thursday.
The Canadian dollar fell to a 4-week low of 1.2506 against the U.S. dollar, from yesterday's closing value of 1.2476.
Against the yen and the euro, the loonie dropped to 2-day lows of 90.28 and 1.4672 from yesterday's closing quotes of 90.40 and 1.4652, respectively.
If the loonie extends its downtrend, it is likely to find support around 1.27 against the greenback, 89.00 against the yen and 1.48 against the euro.
