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Reading: CANADA FX DEBT – Canadian dollar strengthens, benchmark yield slips
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Mycryptopot > Forex > CANADA FX DEBT – Canadian dollar strengthens, benchmark yield slips
Forex

CANADA FX DEBT – Canadian dollar strengthens, benchmark yield slips

November 19, 2024 1 Min Read
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Dollar set for small weekly gains after Fed rate cut
mycryptopot

The Canadian greenback strengthened in opposition to the dollar on Tuesday, and the yield on benchmark authorities debt slipped. 

The was buying and selling 0% greater at C$1.4007 to the dollar, or 71.39 U.S. cents, after buying and selling in a spread of 1.3976 to 1.4036.

Canadian authorities yields fell 3.1 foundation factors to three.247%. The yield on related U.S. authorities benchmark debt fell to 4.3413%.

mycryptopot

U.S. December crude futures fell 19 cents to $68.97 a barrel on Tuesday.

Canada’s annual inflation charge accelerated to 2% in October,  up from 1.6% in September, Statistics Canada stated. Analysts polled by Reuters had anticipated an annual charge of 1.9%

mycryptopot

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Reading: CANADA FX DEBT – Canadian dollar strengthens, benchmark yield slips
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