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 $77.73 a barrel on Wednesday. Canadian factory sales fell 2.1% in March from the previous month, Statistics Canada said. Analysts polled by Reuters had expected factory sales to drop 2.8%. Canadian housing starts in Aprilfell, but less than expected, to 240,200 units from a revised 242,300 units the previous month, the Canadian Mortgage and Housing Corporation (CMHC) said. A survey of 12 economists polled by Reuters had forecast April housing starts falling to 238,000 units.
Delayed 04:36:37 2024-06-06 pm EDT | 5-day change | 1st Jan Change | ||
0.911 CAD | -0.01% | +0.43% | +1.08% |
08:19pm | CANADA FX DEBT-C$ gains ahead of jobs data as oil prices climb | RE |
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Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
113.9 JPY | -0.01% | -0.74% | - | ||
1.748 CAD | -0.17% | +0.38% | - | ||
1.089 USD | +0.15% | +0.54% | - | ||
0.911 CAD | -0.01% | +0.43% | - | ||
0.8475 CAD | -0.08% | +1.29% | - | ||
0.6508 CHF | -0.17% | -1.39% | - | ||
0.012 USD | -0.13% | 0.00% | - | ||
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