The Canadian dollar that advanced to a 2-day high of 77.70 against the yen at the beginning of Friday's Asian trading erased some of its gains shortly thereafter. The loonie-yen pair is presently quoted at 77.40, down from 77.62 hit late New York Thursday.
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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.