Following the release of Canada's consumer price index for April at 8:30 am ET Friday, the loonie advanced against other major currencies.
The loonie is now trading at 1.0156 against the greenback, 78.15 against the yen, 1.0034 against the aussie and 1.2917 against the euro.
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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.