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.
For comments and feedback contact: editorial@rttnews.com
Forex News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.