The Canadian dollar declined to a 4-day low of 1.2927 against the euro ahead of the European deals on Monday. The next downside target level for the loonie is seen at 1.294. The euro-loonie pair ended Friday's trading at 1.2895.
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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.