Reversing direction, the Canadian dollar advanced against the U.S. and European currencies in the early European session on Thursday.
The loonie is up 0.39 percent to 1.0185 against the greenback, rebounding from an early 2-day low of 1.0225.
The loonie that fell to more than a 4-month low of 1.3674 against the euro at 2:30 am ET bounced off with pair trading at 1.3596. The euro-loonie pair ended Wednesday's trading at 1.3615.
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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.