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 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.