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CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs

ReutersJul 24, 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 0.2% lower at C$1.3619 to the greenback, or 73.43 U.S. cents, after trading in a range of 1.3592 to 1.3622.

Canadian government 10-year bond yields CA10YT=RR rose 4.9 basis points to 3.605%. The yield on similar U.S. government benchmark debt rose to 4.4356%.

U.S. September crude CLc1 futures rose 78 cents to $66.03 a barrel on Thursday.

Canadian retail sales fell 1.1% in June from May. Analysts polled by Reuters had expected retail sales to drop 1.1%.Excluding autos, retail sales rose 0.2% in June, Statistics Canada said. Analysts had forecast June sales, excluding autos, to be down 0.3%.

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