CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
ReutersJan 6, 2025 2:00 PM
The Canadian dollar strengthened against the greenback on Monday, and the yield on benchmark government debt climbed.
The loonie CAD= was trading 1% higher at C$1.4304 to the greenback, or 69.91 U.S. cents, after trading in a range of 1.43 to 1.4452.
Canadian government 10-year bond yields CA10YT=RR rose 0.9 basis points to 3.241%. The yield on similar U.S. government benchmark debt rose to 4.6057%.
U.S. February crude CLc1 futures rose 30 cents to $74.26 a barrel on Monday.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey
Related Articles
September Fed Watch: A Policy Pivot That Could Make or Break the Bull Stock Market
TradingKey - The Fed’s September FOMC meeting is widely seen as locking in the first rate cut of 2025. Yet strategists at Morgan Stanley, JPMorgan, and Oppenheimer warn that as investors shift focus to slowing growth, a more cautious tone may replace bullish stock sentiment.TradingKey
7 hours ago
Meta Connect 2025: An Inflection Point for AR Wearables?
TradingKey - Meta Connect 2025 kicks off this Wednesday, and expectations couldn’t be higher.TradingKey
7 hours ago
Effects of Interest Rate Cuts: Impact of Fed's September Meeting on Crypto Market
The Fed’s rate cut decision is a major bullish catalyst for crypto — but it comes with uncertainty. Investors should understand the economic rationale behind the move and adjust strategies accordingly. Staying flexible, informed, and disciplined is key to thriving in crypto’s fast-moving environmentTradingKey
9 hours ago
Japan Q2 GDP Commentary: Growth Revised Upward, Yen May Rise
TradingKey - On 8 September 2025, Japan released the revised Q2 GDP figures. The data showed that real GDP grew by 0.5% quarter-on-quarter, surpassing market expectations of 0.3% and the previous quarter’s 0% growth.TradingKey
Mon, Sep 8
Fed to Cut Rates: All Asset Prices Up!
TradingKey - The Federal Reserve is almost certain to restart its interest rate cut cycle on 17 September this year. After in-depth research, we have concluded that cryptocurrencies, the broader U.S. stock market, and short-term U.S. Treasury bonds will all go up.TradingKey
Mon, Sep 8
Tradingkey
