During the Asian session on Wednesday, the Canadian dollar retraced early gains against most major opponents shortly thereafter.
The loonie is now trading at 0.9926 against the greenback, 1.0287 against the aussie and 1.3085 against the euro, reversing from early multi-day highs of 0.9904, 1.0271 and 1.3061, respectively.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.