The European currency rose against the Canadian dollar ahead of the European session on Friday.
The euro reached as high as 1.3360 against the loonie, heading towards Thursday's multi-week high of 1.3369. If the euro extends uptrend, it may break resistance around 1.345 level.
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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.