Amid the release of Canada retail sales data for June at 8:30 am ET Wednesday, the loonie declined further against other major currencies.
The loonie is now trading at 0.9938 against the greenback, 1.2379 against the euro, 1.0374 against the aussie and 79.75 against the yen.
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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.