The Canadian dollar weakened against most major currencies in the European session on Wednesday.

The Canadian dollar fell to nearly a 2-week high of 1.4603 against the euro and a 2-day low of 77.85 against the yen, from early highs of 1.4519 and 78.18, respectively.

Against the U.S. dollar, the loonie dropped to 1.3367 from an early high of 1.3332.

If the loonie extends its downtrend, it is likely to find support around 1.48 against the euro, 76.00 against the yen and 1.35 against the greenback.

Euro vs CAD (FX:EURCAD)
Forex Chart
From Mar 2024 to Apr 2024 Click Here for more Euro vs CAD Charts.
Euro vs CAD (FX:EURCAD)
Forex Chart
From Apr 2023 to Apr 2024 Click Here for more Euro vs CAD Charts.