Following the release of Canada's retail sales figures for May at 8:30 am ET, the Canadian dollar paused its recent uptrend against its major rivals. As of 8:31 am ET, the loonie was trading at 1.2304 against the euro, 76.95 against the yen and 1.0180 against the greenback.
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Business 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.