The Canadian dollar gained ground against most of its major opponents in early trading on Monday. The loonie advanced to a 4-day high of 1.1915 against the US dollar by 7:25 am ET, compared to last week's close of 1.1946. Currently, the greenback-loonie pair is trading at 1.1918.
The loonie also edged higher to 0.8059 against the Australian dollar and 1.5302 against the euro by this time. This may be compared to last Friday's closing values of 0.8032 and 1.5439, respectively.
Investors are now likely to focus on the US ISM manufacturing report for October and the construction spending data for September, which are expected to influence trading in the New York morning.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.