Categories: Forex News

Canadian greenback weakens, benchmark yield climbs


The Canadian greenback weakened in opposition to the buck on Wednesday, and the yield on benchmark authorities debt climbed. 

The loonie was buying and selling 0.2% decrease at C$1.3985 to the buck, or 71.51 U.S. cents, after buying and selling in a variety of 1.3951 to 1.3999.

Canadian authorities 10-year bond yields rose 4.2 foundation factors to three.377%. The yield on comparable U.S. authorities benchmark debt rose to 4.4316%.

U.S. December crude futures rose 71 cents to $70.1 a barrel on Wednesday.

admin

Recent Posts

Greenback edges larger; Trump’s political appointments in focus

Investing.com - The U.S. greenback edged larger Tuesday after retreating farther from final week’s one-year…

4 minutes ago

Extra weak point forward for Canadian greenback – Jefferies

Investing.com - The Canadian greenback has suffered towards the US greenback within the wake of…

24 minutes ago

Vietnam PM urges US to raise some high-tech export restrictions

HANOI (Reuters) -Vietnam's Prime Minister Pham Minh Chinh on Wednesday urged america to raise export…

34 minutes ago

CANADA FX DEBT – Canadian greenback strengthens, benchmark yield slips

The Canadian greenback strengthened in opposition to the dollar on Tuesday, and the yield on…

39 minutes ago

Fed will minimize charges by 25bps in December, anticipate slower easing in 2025- UBS

Investing.com-- The Federal Reserve is prone to minimize rates of interest in December earlier than…

49 minutes ago

Greenback greater, increase to safe-haven currencies fades

By Chuck Mikolajczak NEW YORK (Reuters) -The greenback index rose on Tuesday, after an preliminary…

54 minutes ago