Extending Asian session's rally, the Canadian dollar climbed to a new 1-1/2-month high of 78.71 against the Japanese yen at 4:05 am ET Tuesday. The next upside target level for the loonie is seen at 79.00. The pair ended Monday's deals at 78.20.
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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.