Canadian Dollar Falls Against Majors
15 October 2024 - 11:25AM
RTTF2
The Canadian dollar weakened against other major currencies in
the Asian session on Tuesday.
The Canadian dollar fell to nearly a 2-1/2-month low of 1.3807
against the U.S. dollar, from yesterday's closing value of
1.3795.
Against the yen, the euro and the Australian dollar, the loonie
dropped to 108.31, 1.5057 and 0.9288 from Monday's closing quotes
of 108.55, 1.5049 and 0.9277, respectively.
If the loonie extends its downtrend, it is likely to find
support around 1.39 against the greenback, 104.00 against the yen,
1.52 against the euro and 0.94 against the aussie.
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