The Canadian dollar extended its early Asian session's downtrend against its US counterpart in late trading on Monday, hitting a 5-day low of 1.0021 around 1:55 am ET. If the loonie sheds a few pips, it may reach its lowest level since February 16.
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Business 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.