USDCAD Dips as Canadian Yields Rise and US Crude Prices Fall
The Canadian dollar weakened versus the US dollar amid rising Canadian 10-year bond yields and falling US bond yields, while US crude futures dropped nearly $1 to $60.32 per barrel.
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The Canadian dollar weakened versus the US dollar amid rising Canadian 10-year bond yields and falling US bond yields, while US crude futures dropped nearly $1 to $60.32 per barrel.
The Canadian dollar weakened against the US dollar as Canadian 10-year bond yields edged up while US yields declined. US crude oil prices fell, weighing on the loonie and supporting a slightly bearis…