The Canadian dollar weakened against the greenback on Wednesday, and the yield on benchmark government debt climbed. The loonie was trading 0.4% lower at C$1.3713 to the greenback, or 72.92 U.S. cents, after trading in a range of 1.3656 to 1.3715. Canadian government 10-year bond yields rose 2.4 basis points to 3.785%. The yield on similar U.S. government benchmark debt rose to 4.652%. U.S. June crude futures fell 14 cents to $83.22 a barrel on Wednesday. Canadian retail sales rose 0.1% in April from February. Analysts polled by Reuters had expected retail sales growth of 0.1%.Excluding autos. retail sales fell 0.3% in April, Statistics Canada said. Analysts had forecast April sales, excluding autos, to be be flat.
Delayed 04:50:16 2024-05-05 pm EDT | 5-day change | 1st Jan Change | ||
0.9046 CAD | +0.11% | +1.40% | +0.37% |
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Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
111.8 JPY | +0.05% | -3.45% | - | ||
1.716 CAD | -0.07% | +0.44% | - | ||
0.9046 CAD | +0.11% | +1.40% | - | ||
0.822 CAD | -0.04% | +1.27% | - | ||
0.6612 CHF | +0.04% | -1.00% | - | ||
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