The Canadian dollar staged a sharp fall against major opponents at about 10:35 am ET Monday. As of now, the loonie is trading near a 4-day high of 1.5820 versus the euro, compared to last week's closing values of 1.5913.
The Canadian currency also edged down against other major currencies during mid-day deals today. At 10:40 am ET, the loonie climbed to a fresh multi-day high of 1.0536 against the US dollar and 0.9647 versus the Australian dollar, which may be compared to Friday's closing values of 1.0635 and 0.9645, respectively.
On the economic front on Monday, the Statistics Canada released its report on gross domestic product or GDP, indicating that GDP rose 0.1 percent in Q3.
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