The Canadian dollar weakened against most major currencies in the European session on Thursday.
The Canadian dollar fell to a 6-month low of 1.3981 against the U.S. dollar and a 2-day low of 1.6125 against the euro, from early highs of 1.3932 and 1.6087, respectively.
Against the yen, the loonie edged down to 114.85 from an early high of 115.21.
If the loonie extends its downtrend, it is likely to find support around 1.40 against the greenback, 1.63 against the euro and 113.00 against the yen.
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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.