The Canadian dollar weakened against most major currencies in the Asian session on Monday.

The Canadian dollar fell to a 1-week low of 1.3386 against the yen and a 6-day low of 91.69 against the U.S. dollar, from last week's closing quotes of 1.3367 and 91.81, respectively.

Against the euro, the loonie dropped to 1.4167 from Friday's closing value of 1.4158.

If the loonie extends its downtrend, it is likely to find support around 1.34 against the yen, 90.00 against the greenback and 1.44 against the euro.

US Dollar vs CAD (FX:USDCAD)
Forex Chart
From Feb 2024 to Mar 2024 Click Here for more US Dollar vs CAD Charts.
US Dollar vs CAD (FX:USDCAD)
Forex Chart
From Mar 2023 to Mar 2024 Click Here for more US Dollar vs CAD Charts.