Canadian Dollar Drops Against Most Majors
May 29 2023 - 9:14PM
RTTF2
The Canadian dollar weakened against its most major currencies
in the Asian session on Tuesday.
The Canadian dollar fell to 1.3607 against the U.S. dollar, from
an early 6-day high of 1.3567.
Against the yen and the euro, the loonie edged down to 103.02
and 1.4570 from yesterday's closing quotes of 103.31 and 1.4547,
respectively.
If the loonie extends its downtrend, it is likely to find
support around 1.37 against the greenback, 101.00 against the yen
and 1.47 against the euro.
US Dollar vs CAD (FX:USDCAD)
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