In the Asian session on Tuesday, the Canadian currency edged up against its European counterpart. The loonie hit a 4-day high of 1.3007 against the euro and the next upside target level for the loonie is seen at 1.297. The euro-loonie pair was worth 1.3046 at Monday's close.
For comments and feedback contact: editorial@rttnews.com
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.