Canadian Dollar Drops Against Most Majors
January 16 2025 - 8:15PM
RTTF2
The Canadian dollar weakened against most major currencies in
the Asian session on Friday.
The Canadian dollar fell to nearly a 1-month low of 107.65
against the yen, from yesterday's closing value of 107.93.
Against the euro and the U.S. dollar, the loonie dropped to a
1-week low of 1.4844 and a 3-day low of 1.4410 from Thursday's
closing quotes of 1.4829 and 1.4393, respectively.
If the loonie extends its downtrend, it is likely to find
support around 105.00 against the yen, 1.51 against the euro and
1.45 against the greenback.
US Dollar vs CAD (FX:USDCAD)
Forex Chart
From Dec 2024 to Jan 2025
US Dollar vs CAD (FX:USDCAD)
Forex Chart
From Jan 2024 to Jan 2025
