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06.08.201007:53:00UTC+00Canadian Dollar Declines Against Major Rivals Ahead Of Unemployment Data

At 7:00 am Eastern Time, the Statistics Canada is scheduled to release statistics about Canada's unemployment report for July. Ahead of the release, the Canadian currency plunged against major opponents in early New York morning trading on Friday.

At 6:40 am ET, the loonie plummeted to 2-day lows of 1.0201 against the US dollar and 1.3431 versus the euro from early highs of 1.0150 and 1.3394, respectively.

Against its Australian and Japanese counterparts, the loonie also traded lower and fell to 0.9345 and 84.38, respectively, at about 6:40 am ET.

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