The Australian dollar extended its previous session uptrend against the Canadian dollar in New York afternoon deals on Tuesday. At 4:15 pm ET, the Aussie climbed to a 1-week high of 0.9386 versus the loonie, compared to Monday's New York session close of 0.9344. The next upside target level for the Australian currency is seen at 0.9391.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.