Against the Canadian dollar, the U.S. dollar has been extending its slide in Asian deals on Monday. As of now, the greenback-loonie pair is trading at a 4-day low of 1.0248 and the next downside target level for the greenback is seen at 1.023. At last week's close, the pair was quoted at 1.0304.
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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.