The euro advanced to a 6-day high of 1.3142 against the Canadian dollar in early deals on Monday, compared to 1.3106 hit late New York Friday. The euro-loonie pair is now trading a few pips short of its 20-day simple moving average level and its next barrier could be the 50-day SMA at 1.3190.
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Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.