During Asian deals on Tuesday, the Canadian dollar slipped against the US dollar. The loonie is now trading at a 1-week low of 0.9970 against the greenback, compared to yesterday's close of 0.9949. If the loonie falls further, it will reach parity against the greenback.
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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.