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 01:17:59 2024-05-06 am EDT | 5-day change | 1st Jan Change | ||
0.9052 CAD | +0.05% | +1.32% | +0.42% |
05:48am | Australian dollar firm as bulls bet on hawkish turn at RBA | RE |
May. 05 | Week Ahead for FX, Bonds : Australia, U.K. Central-Bank Decisions Take Center Stage | DJ |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
112.5 JPY | +0.23% | -2.90% | - | ||
1.717 CAD | -0.03% | +0.49% | - | ||
0.9052 CAD | +0.06% | +1.32% | - | ||
0.8209 CAD | -0.17% | +1.08% | - | ||
0.662 CHF | +0.06% | -1.05% | - | ||
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