Canadian dollar retreats

The Canadian dollar weakened against its US counterpart on Thursday, pulling back from an earlier 10-day high, as the potential for a global trade war offset optimism about a NAFTA trade deal. At 5 pm ET (2100 GMT), the Canadian dollar was trading 0.3 percent lower at C$1.2940 to the greenback, or 77.28 US cents. The currency's weakest level of the session was C$1.2949, while it touched its strongest since March 12 at C$1.2830.
Canadian government bond prices were higher across a flatter yield curve in sympathy with US Treasuries. The two-year rose 8.5 Canadian cents to yield 1.823 percent and the 10-year climbed 66 Canadian cents to yield 2.176 percent.