The Canadian dollar erased its early Tuesday Asian session gains against the currencies of US, Europe and Japan.
The loonie thus eased from a 4-day high of 79.15 against the yen and is now worth 78.99.
Against the greenback and euro, the loonie is currently trading at 0.9934 and 1.2265, compared to early highs of 0.9917 and 1.2236, respectively.
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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.