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.
For comments and feedback contact: editorial@rttnews.com
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.