The US dollar fell to a 4-day low of 0.9903 against its Canadian counterpart around 4:15 am ET Monday. The greenback-loonie pair is presently worth 0.9905 with 0.9890 seen as the next likely support level in the near-term.
The USD/CAD pair is poised to re-test last week's fresh multi-month low of 0.9845 and is all set to approach the key demand zone around the 0.9750/98.0 area.
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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.