During early Asian trading on Tuesday, the Canadian dollar climbed against the European currency. The loonie is now trading at a fresh 2-week high of 1.2827 against the euro, compared to Monday's close of 1.2845. The next upside target level for the loonie is seen at 1.28.
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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.