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Canadian Dollar Weakens Against Most Majors

2024-12-24iFOREXiFOREX
The Canadian dollar fell against its most major counterparts in the New York session on Wednesday.
Canadian Dollar Weakens Against Most Majors

(RTTNews) - The Canadian dollar fell against its most major counterparts in the New York session on Wednesday.

The loonie fell to near a 5-week low of 114.00 against the yen and near an 8-month low of 1.4974 against the euro, off its early highs of 115.93 and 1.4900, respectively.

The loonie edged down to 1.3701 against the greenback, from an early 2-day high of 1.3656.

The currency is seen finding support around 110.00 against the yen, 1.50 against the euro and 1.38 against the greenback.

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