The Canadian dollar rose against the U.S. dollar in early European deals on Tuesday. At present, the loonie is worth 1.0266 against the greenback and if the loonie rises further, it may likely target the 1.024 level. The pair ended yesterday's trading at 1.0296.
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Forex 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.