The yen extended previous session's downtrend against the Canadian dollar in early European deals on Thursday.
The yen fell to an 8-day low of 94.64 against the loonie around 3:10 am ET, down significantly from yesterday's close of 93.80. On the downside, the yen may find support around the 95.30 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.