Canadian Dollar Drops Against Most Majors
27 March 2024 - 1:08PM
RTTF2
The Canadian dollar weakened against most major currencies in
the Asian session on Wednesday.
The Canadian dollar fell to a 2-day low of 1.3599 against the
U.S. dollar, from yesterday's closing value of 1.3582.
Against the euro and the yen, the loonie dropped to 1.4723 and
111.41 from Tuesday's closing quotes of 1.4711 and 111.51,
respectively.
If the loonie extends its downtrend, it is likely to find
support around 1.36 against the greenback, 1.48 against the euro
and 110.00 against the yen.
US Dollar vs CAD (FX:USDCAD)
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