The U.S. dollar retreated against the Canadian dollar in the New York session on Friday.
The greenback retreated to 1.3959 against the loonie, from an early high of 1.3996.
The currency is seen finding support around the 1.38 level.
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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.