Canadian Dollar Slides Against Majors
May 25 2023 - 08:17PM
RTTF2
The Canadian dollar weakened against other major currencies in
the Asian session on Friday.
The Canadian dollar fell to nearly a 1-month low of 1.3654
against the U.S. dollar and a 9-day low of 1.4648 against the euro,
from yesterday's closing quotes of 1.3639 and 1.4627,
respecively.
Against the yen and the Australian dollar, the loonie dropped to
102.38 and 0.8885 from yesterday's closing quotes of 102.65 and
0.8873, respecively.
If the loonie extends its downtrend, it is likely to find
support around 1.37 against the greenback, 1.49 against the euro,
99.00 against the yen and 0.91 against the aussie.
US Dollar vs CAD (FX:USDCAD)
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US Dollar vs CAD (FX:USDCAD)
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