Extending its previous session's upward trading, the Canadian dollar traded further higher against the US dollar during late New York deals on Friday. At 3:45 pm ET, the loonie climbed to a fresh multi-month high of 0.9908 versus the greenback from yesterday's closing value of 0.9913. Presently, the pair is trading at 0.9913.
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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.