Canadian Dollar Drops Against Most Majors
May 29 2024 - 10:43PM
RTTF2
The Canadian dollar weakened against most major currencies in
the Asian session on Thursday.
The Canadian dollar fell to 6-day low of 1.3728 against the U.S.
dollar an d 114.41 against the yen, from yesterday's closing quotes
of 1.3714 and 114.91. respectively.
Against the euro, the looie edges down to 1.4821 from
Wednesday's closing value of 1.4815.
If the loonie extends its downtrend, it is likely to find
support around 1.38 against the greenback, 112.00 against the yen
and 1.50 against the euro.
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