The Canadian dollar dropped to 1.0222 against the US dollar on Friday in Asia, its weakest level since April 25 and was down 0.3 percent from Thursday's close of 1.0193.
The next likely support for the Canadian currency is seen around the 1.0250 level.
For comments and feedback contact: editorial@rttnews.com
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.