Canadian Dollar Drops Against Most Majors
April 25 2023 - 8:32PM
RTTF2
The Canadian dollar weakened against most major currencies in
the Asian session on Wednesday.
The Canadian dollar fell to 1.4972 against the euro, from
yesterday's closing value of 1.4947.
Against the U.S. dollar and the yen, the loonie edged down to
1.3642 and 97.86 from yesterday's closing quotes of 1.3626 and
98.14, respectively.
If the loonie extends its downtrend, it is likely to find
support around 1.51 against the euro, 1.38 against the greenback
and 93.00 against the yen.
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