The Canadian dollar strengthened against the U.S. dollar in early Asian deals on Tuesday. The loonie is now trading at a 4-day high of 0.9978 against the greenback with 0.996 seen as the next upside target level. At yesterday's close, the greenback-loonie pair was quoted at 0.9990.
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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.