The Canadian dollar fell below the key 1.0250 level against its US counterpart in early New York trading on Wednesday, hitting a fresh 4-month low of 1.0267 around 10:18 am ET. On the downside, the loonie may find target around the 1.0290 level.
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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.