Canadian Dollar Gains 0.2% as Benchmark Yield Slips
The loonie traded at C$1.4204 per U.S. dollar, or 70.4 U.S. cents, after ranging from 1.4193 to 1.4239. The 10-year government bond yield also slipped.
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Canadian Dollar Gains 0.3% as Benchmark Bond Yield Slips
The loonie traded at C$1.424 per U.S. dollar, or 70.22 U.S. cents, after ranging from 1.4239 to 1.4284. The 10-year Canadian government bond yield also slipped.
U.S. crude slips after EIA reports 3.2 million-barrel draw
U.S. benchmark crude edged lower after the EIA reported a 3.2 million-barrel withdrawal in commercial crude oil stocks last week. Gasoline inventories rose 382,000 barrels and distillate stocks fell 42,000 barrels.