The Canadian dollar traded lower against major currencies during late New York deals on Friday. As of now, the loonie is trading near 1.2408 against the euro, 78.41 versus the Japanese yen, 1.0025 against the US dollar and 1.0576 versus the Australian dollar from previous session's highs of 1.2243, 78.88, 0.9982 and 1.0518, respectively.
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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.