Canadian Dollar Lower As Oil Prices Drop
2023年5月1日 - 05:33PM
RTTF2
The Canadian dollar weakened against its major counterparts in
the European session on Monday, as oil prices fell amid weak
factory activity data from China and concerns about further
monetary tightening by the Federal Reserve.
Crude for June delivery fell $1.73 to 75.05 per barrel.
Official data showed that China manufacturing PMI dropped to
49.2 in April, down from 51.9 in the previous month and
expectations of 51.4 percent.
The non-manufacturing PMI edged down to 56.4 from 58.2 in
March.
Investors awaited the two-day monetary policy meeting by the
Fed, at which a 25 basis point hike is certain.
The loonie eased to 100.60 against the yen and 1.3581 against
the greenback, reversing from its early 4-1/2-month high of 101.07
and a 6-day high of 1.3530, respectively. The next possible support
for the loonie is seen around 98.00 against the yen and 1.38
against the greenback.
The loonie slipped to 0.9016 against the aussie and 1.4953
against the euro, off its early 2-week high of 0.8946 and a 1-week
high of 1.4900, respectively. The loonie is poised to challenge
support around 0.92 against the aussie and 1.51 against the
euro.
Looking ahead, U.S. ISM Manufacturing PMI for April and
construction spending data for March are due to be released in the
New York session.
CAD vs Yen (FX:CADJPY)
FXチャート
から 9 2023 まで 10 2023
CAD vs Yen (FX:CADJPY)
FXチャート
から 10 2022 まで 10 2023
