The U.S. dollar rallied against the Canadian dollar in Asian deals on Friday. The greenback-loonie pair is now worth 0.9881 with 0.990 seen as the next upside target level. The pair ended yesterday's trading at 0.9869.
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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.