Pulling back from yesterday's fresh 7-month peak of 0.9809 against the US dollar, the Canadian currency slipped to a 2-day low of 0.9867 on Friday in Asia. The loonie is presently worth 0.9865 against the greenback with 0.9880 seen as the next likely support level in the near-term.
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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.