Canada consumer price inflation for April and wholesale sales for March were released at 8:30 am ET Friday. Amid these reports, the loonie dropped further against other major currencies.
The loonie is now trading at 1.0296 against the greenback, 99.63 against the yen, 1.3204 against the euro and 1.0017 against the aussie.
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Forex 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.