🍎 🍕 Less apples, more pizza 🤔 Have you seen Buffett’s portfolio recently?Explore for Free

CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips

Published 20/11/2024, 01:05 am
© Reuters. FILE PHOTO: A Canada Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File photo
CAD/USD
-
CA10YT=RR
-

The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt slipped. 

The loonie was trading 0% higher at C$1.4007 to the greenback, or 71.39 U.S. cents, after trading in a range of 1.3976 to 1.4036.

© Reuters. FILE PHOTO: A Canada Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File photo

Canadian government 10-year bond yields fell 3.1 basis points to 3.247%. The yield on similar U.S. government 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 rate accelerated to 2% in October,  up from 1.6% in September, Statistics Canada said. Analysts polled by Reuters had expected an annual rate of 1.9%

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.