The Canadian dollar continued to creep higher against its US counterpart on Tuesday morning in New York, hitting a 1-week high of 0.9879 around 10:50 am ET. On the upside, the loonie may find target around the 0.9860/65 level.
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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.