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Canadian Dollar

C$ gains along with higher oil prices as greenback sinks
Markets

C$ gains along with higher oil prices as greenback sinks

  • Canadian dollar rises 0.4% against the greenback.
  • Loonie trades in a range of 1.3354 to 1.3413.
  • Price of US oil increases 0.8%.
  • Canadian government bond yields edge higher.
  • Canada's 10-year yield hits its lowest since June 15 at 0.482%.
Published 28 Jul, 2020 01:23am
C$ edges higher against US dollar as oil prices steady
Markets

C$ edges higher against US dollar as oil prices steady

  • The Canadian dollar was at C$1.3537 to the greenback, or 73.87 US cents, stronger than Friday's close of C$1.3578, or 73.65 US cents.
  • "The move lower (for the US dollar) came as oil prices recovered, and as risk-taking levels improved.
Published 21 Jul, 2020 01:30am