Canadian Dollar Trades Lower Against Most Majors
21 2월 2024 - 7:16PM
RTTF2
The Canadian dollar traded lower against its most major
counterparts in the European session on Wednesday amid falling oil
prices, as investors weighed signs of tighter supplies against a
still-shaky demand outlook.
Investors also awaited key PMI data and U.S. inventory reports
for hints on the outlook for demand.
Middle East tensions persist, helping limit the downfall in oil
prices.
Supply concerns lingered, with Houthi rebels saying ships in the
Red Sea and Arabian Sea are their latest maritime targets.
The minutes from the Federal Reserve's latest policy meeting are
due later today, which could offer more clarity regarding the
possible timing of the first rate cut.
Strong economic data released last week pushed back expectations
for immediate rate cuts from the Fed.
Traders are also on edge ahead of the release of fourth quarter
results from Nvidia after the close of today's trading.
The loonie eased to 1.4624 against the euro and 110.85 against
the yen, off its early highs of 1.4598 and 111.09, respectively.
The loonie is seen finding support around 1.48 against the euro and
108.00 against the yen.
The loonie touched 1.3536 against the greenback, setting a 6-day
low. The loonie is poised to challenge support around the 1.38
level.
In contrast, the loonie recovered against the aussie and was
trading at 0.8860. If the currency rises further, it is likely to
test resistance around the 0.86 region.
Euro vs CAD (FX:EURCAD)
외환 차트
부터 4월(4) 2024 으로 5월(5) 2024
Euro vs CAD (FX:EURCAD)
외환 차트
부터 5월(5) 2023 으로 5월(5) 2024