The US dollar has been extending its decline against the Canadian dollar in Asian deals on Tuesday. The greenback-loonie pair is now trading at a 4-day low of 0.9876, compared to 0.9885 hit late New York Monday. If the pair slides further, it will break last week's multi-month low of 0.9863.
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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.