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June 11, 2023USD/CAD dropped to 1.3309, its lowest point in 3 months. It later recovered 31 pips and closed at 1.3341.
US Dollar-Canadian Dollar's value drop coincided with the fact that after ending Friday's session at 1.769, EUR/NZD lost 152 pips and is trading around 1.7537. EUR/AUD is down to 1.5941, losing 114 pips, after ending the previous session around 1.6056.
Though US Dollar-Canadian Dollar has been dropping, other pairs have been performing better: USD/CHF is trading around 0.9033 after ending Friday's session at 0.8989 (up 0.49% today).
Having set a significant low of 1.1321 6 months ago, US Dollar-Canadian Dollar is trading 18% higher.
