The Canadian dollar weakened against most major currencies in the Asian session on Tuesday.
The Canadian dollar fell to a 5-day low of 1.4019 against the U.S. dollar, from yesterday's closing value of 1.3991.
Against the yen and the euro, the loonie edged down to 114.30 and 1.6232 from Monday's closing quotes of 114.53 and 1.6219, respectively.
If the loonie extends its downtrend, it is likely to find support around 1.40 against the greenback, 113.00 against the yen and 1.64 against the euro.
For comments and feedback contact: editorial@rttnews.com
Forex News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.