The U.S. dollar has been declining against the Canadian dollar in European deals on Friday. The greenback-loonie pair is presently trading at a 4-day low of 1.0223 and the next downside target level for the greenback is seen at 1.020. The pair ended yesterday's trading at 1.0228.
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Forex 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.