Canadian Dollar Drops Against Most Majors
September 03 2024 - 12:29AM
RTTF2
The Canadian dollar weakened against most major currencies in
the late Asian session on Tuesday.
The Canadian dollar fell to nearly a 2-week low of 1.3531
against the U.S. dollar, from Friday's closing value of 1.3491.
Against the euro and the yen, the loonie slid to a 5-day low of
1.4960 and a 4-day low of 107.80 from last week's closing quotes of
1.4936 and 108.85, respectively.
If the loonie extends its downtrend, it is likely to find
support around 1.36 against the greenback, 1.51 against the euro
and 104.00 against the yen.
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