The Canadian dollar slipped to a 5-day low of 0.9916 against the U.S. dollar ahead of European trading on Monday at 2:35 am ET. The next downside target level for the loonie is seen at 0.995. The pair is now trading at 0.9914, compared to last week's close of 0.9897.
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Business 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.