Great A plus trade
What a great price action The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt slipped.
The loonie was trading 0.3% lower at C$1.438 to the greenback, or 69.54 U.S. cents, after trading in a range of 1.4323 to 1.4393.
Canadian government 10-year bond yields fell 0.1 basis points to 3.418%. The yield on similar U.S. government benchmark debt rose to 4.6695%.
U.S. February crude futures fell 14 cents to $79.9 a barrel on Thursday.
Canadian housing starts in December fell more than expected to 231,500 units from a revised 267,100 units the previous month, the Canadian Mortgage and Housing Corporation (CMHC) said.
The loonie was trading 0.3% lower at C$1.438 to the greenback, or 69.54 U.S. cents, after trading in a range of 1.4323 to 1.4393.
Canadian government 10-year bond yields fell 0.1 basis points to 3.418%. The yield on similar U.S. government benchmark debt rose to 4.6695%.
U.S. February crude futures fell 14 cents to $79.9 a barrel on Thursday.
Canadian housing starts in December fell more than expected to 231,500 units from a revised 267,100 units the previous month, the Canadian Mortgage and Housing Corporation (CMHC) said.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.