The Canadian dollar weakened against the other major currencies in the Asian session on Monday.

The Canadian dollar fell to a 5-day low of 76.51 against the yen, from Friday's closing value of 76.66.

Against the euro and the U.S. dollar, the loonie dropped to 1.4803 and 1.3179 from last week's closing quotes of 1.4777 and 1.3166, respectively.

The loonie edged down to 1.0033 against the Australian dollar, from an early high of 1.0009.

If the loonie extends its downtrend, it is likely to find support around 75.00 against the yen, 1.49 against the euro, 1.32 against the greenback and 1.01 against the aussie.

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