The Canadian dollar reversed its direction against the Japanese yen in early New York trading on Friday. The loonie rose to a 1-week high of 76.91 against the yen, compared to a 2-day low of 76.00 hit at 8:20 am ET. The next upside target level for the loonie is seen at 77.5.
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Business News
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.