The Canadian dollar rose back above the 91.0 level against the yen in early European session on Wednesday, rising to a 12-day high of 91.08 around 3:10 am ET.
The next barrier for the CAD/JPY pair is seen at 91.50, its January 18th multi-year high and a move beyond this level could set its strongest mark since May 2010.
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Forex News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.