The Canadian dollar weakened against other major currencies in the Asian session on Monday.
The Canadian dollar fell to 4-day lows of 1.3608 against U.S. dollar and 0.9810 against the Australian dollar, from Friday's closing quotes of 1.3594 and 0.9789, respectively.
Against the yen and the euro, the loonie dropped to 114.64 and 1.5932 from last week's closing quotes of 115.57 and 1.5932, respectively.
If the loonie extends its downtrend, it is likely to find support around 1.37 against the greenback, 0.99 against the aussie, 113.00 against the yen and 1.61 against the euro.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.