Categories: Forex News

CANADA FX DEBT – Canadian greenback strengthens, benchmark yield slips


The Canadian greenback strengthened in opposition to the dollar on Tuesday, and the yield on benchmark authorities debt slipped. 

The loonie was buying and selling 0% greater at C$1.4007 to the dollar, or 71.39 U.S. cents, after buying and selling in a spread of 1.3976 to 1.4036.

Canadian authorities 10-year bond yields fell 3.1 foundation factors to three.247%. The yield on related U.S. authorities benchmark debt fell to 4.3413%.

U.S. December crude futures fell 19 cents to $68.97 a barrel on Tuesday.

Canada’s annual inflation fee accelerated to 2% in October,  up from 1.6% in September, Statistics Canada stated. Analysts polled by Reuters had anticipated an annual fee of 1.9%

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