U.S. Commerce and Housing & Urban Department's new Home Sales data for September will be published at 10.00 am ET Wednesday. The consensus is for 555K compared to 560K in the prior month.

Ahead of the data, the greenback dropped against its major rivals.

The greenback was worth 113.94 against the yen, 0.9907 against the franc, 1.1794 against the euro and 1.3241 against the pound as of 9:55 am ET.

CAD vs Yen (FX:CADJPY)
Forex Chart
From Apr 2024 to May 2024 Click Here for more CAD vs Yen Charts.
CAD vs Yen (FX:CADJPY)
Forex Chart
From May 2023 to May 2024 Click Here for more CAD vs Yen Charts.