The Canadian dollar strengthened against the greenback on Wednesday, and the yield on benchmark government debt slipped. The loonie was trading 0.2% higher at C$1.3622 to the greenback, or 73.41 U.S. cents, after trading in a range of 1.3592 to 1.3655. Canadian government 10-year bond yields fell 9.7 basis points to 3.592%. The yield on similar U.S. government benchmark debt fell to 4.3672%. U.S. June crude futures fell 29 cents to $77.73 a barrel on Wednesday. Canadian factory sales fell 2.1% in March from the previous month, Statistics Canada said. Analysts polled by Reuters had expected factory sales to drop 2.8%. Canadian housing starts in Aprilfell, but less than expected, to 240,200 units from a revised 242,300 units the previous month, the Canadian Mortgage and Housing Corporation (CMHC) said. A survey of 12 economists polled by Reuters had forecast April housing starts falling to 238,000 units.
Delayed 05:09:06 10/06/2024 pm IST | 5-day change | 1st Jan Change | ||
0.9076 CAD | +0.23% | -0.43% | +0.71% |
07/06 | ICE Review : Canola Lower on Speculative Selling | DJ |
07/06 | CANADA FX DEBT-C$ hits one-month low as US bond yields jump | RE |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
114 JPY | -0.01% | -0.48% | - | ||
1.75 CAD | -0.07% | +0.23% | - | ||
1.075 USD | -0.24% | -1.48% | - | ||
0.9076 CAD | +0.23% | -0.43% | - | ||
0.8408 CAD | +0.10% | -0.37% | - | ||
0.6512 CHF | -0.01% | -0.84% | - | ||
0.012 USD | -0.01% | 0.00% | - | ||
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