CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs

ReutersMay 8, 2025 1:00 PM

The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt climbed.

The loonie CAD= was trading 0.4% lower at C$1.3888 to the greenback, or 72 U.S. cents, after trading in a range of 1.3814 to 1.3898.

Canadian government 10-year bond yields CA10YT=RR rose 4 basis points to 3.14%. The yield on similar U.S. government benchmark debt rose to 4.2926%.

U.S. June crude CLc1 futures rose 73 cents to $58.8 a barrel on Thursday.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Recommended Articles

Meme Stocks Reappear. Avis Shares Reach New Highs Amid Short Squeeze. Can Retail Investors Still Buy?

TradingKey - U.S. car rental giant Avis (CAR) is replicating the concentrated capital short squeeze seen with GameStop (GME). Over the past six weeks, Avis's stock price has surged from the $100 range to an all-time high of $713.97, representing a cumulative gain of over 200%. On April 21, the stock

Bitmine 2030 Stock Price Prediction: Why Did BMNR Stock Price Fall? How High Will It Rise in the Future?

Bitmine Immersion Technologies represents the "MicroStrategy moment" for Ethereum. It is no longer a hardware company; it is a leveraged bet on the digital infrastructure of the future.

Bitcoin Breaks $76,000. US-Iran Negotiations See Glimmer of Hope, Crypto Market Rallies Strongly

Bitcoin prices rallied on the eve of the U.S.-Iran ceasefire agreement’s expiration, eyeing a push toward the $80,000 mark.

Tesla Q1 2026 Earnings Preview: 50,000-Unit Inventory Overhang, Energy Storage Halved, 5 Core Metrics Long-Term Investors Should Really Watch

Tesla’s Q1 2026 earnings will be released on April 22. With Q1 deliveries at 358,023 units, inventory surging by 50,363 units, and energy storage nearly halved from 14.2 GWh to 8.8 GWh, analyst target prices show a five-fold discrepancy, ranging from $119 to $600. For long-term investors, this article deconstructs five core metrics that will determine the success of the company's transformation: the 17.9% automotive gross margin floor, management’s explanation for energy storage performance, the $20 billion CapEx guidance, the 1.1 million FSD subscription structure, and the inaugural disclosure of Robotaxi operational data.

Strike Threat Could Cost 30 Trillion Won, Can Samsung’s Stock Rally Last?

TradingKey - On April 20, according to South Korean media reports, after securing majority representative status, the Samsung Electronics labor union warned the company that it could suffer losses of up to 30 trillion won (approximately $20.3 billion) if an 18-day general strike is held starting May 21.

Featured Tools