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Canadian Dollar Drops Against Most Majors
(RTTNews) - The Canadian dollar weakened against most major currencies in the Asian session on Wednesday.
The Canadian dollar fell to 5-day lows of 1.3641 against the U.S. dollar and 102.47 against the yen, from yesterday's closing quotes of 1.3601 and 102.76, respectively.
Against the euro, the loonie edged down to 1.4612 from yesterday's closing value of 1.4599.
If the loonie extends its downtrend, it is likely to find support around 1.38 against the greenback, 100.00 against the yen and 1.48 against the euro.
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U.S. Dollar Falls Amid Weak Data, Trade Tensions
The U.S. dollar slipped against its major counterparts in the New York session on Wednesday, following the release of weaker than expected economic data, as well as rising trade tensions.
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Yen Falls Amid Risk-on Mood
The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as Asian stock markets traded higher on optimism about amicable trade deals being reached between the U.S. and its trade partners over the weekend after the recent uncertainty. Major currencies in the region also strengthened against the US dollar.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
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The U.S. dollar weakened against other major currencies in the European session on Monday, as U.S. President Donald Trump's decision to double tariffs on steel and aluminum imports along with rising Sino-U.S. tensions threatened to rekindle global trade tensions.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the European session on Monday.
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Yen Rises On Strong Tokyo Core Inflation Data
The Japanese yen strengthened against other major currencies in the Asian session on Friday, as Tokyo's core inflation data came in stronger than expected, increasing the chances of the Bank of Japan's (BoJ) 25 basis point rate hike in July.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Friday.
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U.S. Dollar Falls After Tariff Ruling
The U.S. dollar weakened against its major counterparts in the New York session on Thursday, as a federal court ruled against Trump's tariffs, dealing a blow to a key part of his economic agenda.
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