The Canadian dollar slipped against the Australian dollar in European morning deals on Friday. The loonie that closed Thursday's deals at 1.0255 against the aussie declined to a new 1-1/2-month low of 1.0275 at 4:05 am ET. The next downside target level for the loonie is seen at 1.03.
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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.