The Canadian dollar fell against its most major counterparts in the European session on Monday.

The loonie touched 108.14 against the yen, setting a 4-day low.

The loonie weakened to 1.4735 against the euro and 1.3551 against the greenback, off an early high of 1.4672 and more than a 2-month high of 1.3479, respectively.

The loonie is poised to challenge support around 106.00 against the yen, 1.48 against the euro and 1.38 against the greenback.

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