The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt slipped. The loonie was trading 0.2% lower at C$1.3816 to the greenback, or 72.38 U.S. cents, after trading in a range of 1.3775 to 1.3822. Canadian government 10-year bond yields fell 1.3 basis points to 3.732%. The yield on similar U.S. government benchmark debt rose to 4.6468%. U.S. May crude futures fell 65 cents to $84.76 a barrel on Tuesday. Canadian housing starts in Marchfell more than expected to 242,200 units from a revised 260,000 units the previous month, the Canadian Mortgage and Housing Corporation (CMHC) said. A survey of 13 economists polled by Reuters had forecast March housing starts falling to 245,000 units. Canada's annual inflation rate accelerated to 2.9% in March, up from 2.8% in February, Statistics Canada said. Analysts polled by Reuters had expected an annual rate of 2.9%
Delayed 06:53:33 2024-04-29 pm EDT | 5-day change | 1st Jan Change | ||
0.897 CAD | +0.42% | +1.48% | -0.49% |
Apr. 29 | ICE Review : Canola Ends the Day Down Slightly | DJ |
Apr. 29 | CANADA FX DEBT-Canadian dollar posts a 3-week high as US currency retreats | RE |
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
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114.4 JPY | -1.28% | +1.22% | - | ||
1.716 CAD | +0.47% | +1.45% | - | ||
0.897 CAD | +0.42% | +1.48% | - | ||
0.8167 CAD | +0.57% | +0.69% | - | ||
0.6666 CHF | -0.38% | +0.15% | - | ||
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