The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt slipped. The loonie was trading 0.2% lower at C$1.3816 to the greenback, or 72.38 U.S. cents, after trading in a range of 1.3775 to 1.3822. Canadian government 10-year bond yields fell 1.3 basis points to 3.732%. The yield on similar U.S. government benchmark debt rose to 4.6468%. U.S. May crude futures fell 65 cents to $84.76 a barrel on Tuesday. Canadian housing starts in Marchfell more than expected to 242,200 units from a revised 260,000 units the previous month, the Canadian Mortgage and Housing Corporation (CMHC) said. A survey of 13 economists polled by Reuters had forecast March housing starts falling to 245,000 units. Canada's annual inflation rate accelerated to 2.9% in March, up from 2.8% in February, Statistics Canada said. Analysts polled by Reuters had expected an annual rate of 2.9%
Delayed 00:50:35 2024-07-06 EDT | 5-day change | 1st Jan Change | ||
0.9198 CAD | 0.00% | +0.97% | +2.05% |
07-05 | ICE Review : Canola Rallies to End Week | DJ |
07-05 | CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips | RE |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
117.8 JPY | -0.58% | +0.21% | - | ||
1.747 CAD | -0.04% | +1.02% | - | ||
0.9198 CAD | 0.00% | +0.97% | - | ||
0.8381 CAD | 0.00% | +0.70% | - | ||
0.6561 CHF | +0.02% | -0.02% | - | ||
Headlines
- Stock Market
- Currencies
- Currency
- News AUD / CAD
- CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips