The Canadian dollar lost ground against other major counterparts in early European trading on Wednesday.

The loonie fell to near 6-week lows of 1.3297 against the greenback and 81.51 against the yen, from its early highs of 1.3262 and 81.85, respectively.

The loonie dropped to near a 3-week low of 1.4714 against the euro, from a high of 1.4689 seen at 5:00 pm ET.

The loonie eased back to 0.9064 against the aussie, not far from a weekly low of 0.9066 set at 7:00 pm ET.

If the loonie falls further, it may find support around 1.35 against the greenback, 80.5 against the yen, 1.49 against the euro and 0.92 against the aussie.

US Dollar vs CAD (FX:USDCAD)
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US Dollar vs CAD (FX:USDCAD)
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