CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
ReutersJan 28, 2025 2:00 PM
The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt climbed.
The loonie CAD= was trading 0.2% lower at C$1.44 to the greenback, or 69.44 U.S. cents, after trading in a range of 1.4369 to 1.442.
Canadian government 10-year bond yields CA10YT=RR rose 3.8 basis points to 3.236%. The yield on similar U.S. government benchmark debt rose to 4.5647%.
U.S. March crude CLc1 futures rose 70 cents to $73.87 a barrel on Tuesday.
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
Fed Rate Cut Finally Arrives,Dollar Index: Negative Catalysts Largely Priced In,Euro Rally May Be Running Out of Steam
Tradingkey - The Federal Reserve lowered the target range for the federal funds rate by 25 basis points to 4.00%–4.25% late yesterday, as widely expected, and signaled two additional rate cuts this year.TradingKey
53 minutes ago
[U.S. IPO] Netskope Raises $908 Million in IPO, Debuts Thursday: A Rising Star in Cloud Security?
TradingKey - Backed by venture capital firm Lightspeed Venture Partners, Netskope Inc., a technology provider specializing in securing enterprise cloud services, has raised $908.2 million in its IPO. The company's valuation now exceeds $7 billion. Netskope is set to list on the Nasdaq under the tickTradingKey
2 hours ago
-24998ce9215f4781a8d3878dba968c9e.jpg)
[U.S. IPO] Oilfield Water Giant WaterBridge Raises $634M in IPO; Can It Repeat LandBridge's 125% Surge?
TradingKey - Oil field water management company WaterBridge (WBI) announced on September 16 that its US initial public offering (IPO) is expected to price 31.7 million shares at $20 per share, raising a total of $634 million.TradingKey
Wed, Sep 17
September Global Central Bank Divergence: How Will U.S. Stocks and Forex Markets Move?
TradingKey - Despite the divergence in monetary policies among major global central banks in September (with the Federal Reserve cutting rates while the European Central Bank, Bank of England, and Bank of Japan maintain steady rates), we expect the policy directions of the Fed, ECB, and BoE to...TradingKey
Mon, Sep 15
What Is Worldcoin? Why Did WLD Surge Suddenly, and What’s Next?
Worldcoin is evolving from a “hype token” into a foundational layer for global identity. Its fusion of biometrics, blockchain, and financial inclusion has earned growing recognition from users and institutions. If it can overcome technical hurdles, launch real-world payment use cases, and stabilizeTradingKey
Fri, Sep 12
Tradingkey
