Extending its previous session's downtrend, the Japanese yen declined further against the Canadian dollar during New York afternoon deals on Friday. The yen is presently trading near a fresh multi-day low of 78.56 versus the loonie, compared to 76.92 hit late New York Thursday.
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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.