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99bf965063be05f3fb865aea81fc9668	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN1727752420110617?edition-redirect=ca	CANADA FX DEBT-C$ edges higher as hope for Greece rises	CANADA FX DEBT-C$ edges higher as hope for Greece rises By Reuters Staff0 Min Read * C$ rises to C$0.9802 to the U.S. dollar, or $1.0202 * Down 0.2 percent on the week * Bond prices flat to lower * Risk sentiment rises on hints of Greece rescue plan (Adds details) TORONTO, June 17 (Reuters) - The Canadian dollar edged higher against the greenback on Friday as news of an outline agreement to aid debt-burdened Greece lifted investor confidence. But recent lackluster U.S. economic data, including Friday's U.S. consumer confidence data, have weighed on the Canadian dollar, whose health is heavily linked to the U.S. economy because of the close trading relationship between the two countries. "There was some relief in terms of the European situation," said Paul Ferley, assistant chief economist at Royal Bank of Canada. "We did give back a bit of that with some of the disappointment with the U.S. confidence weakening off." The currency CAD=D4 ended the day at C$0.9802 to the U.S. dollar, or $1.0202, firming from Thursday's North American finish of C$0.9832 to the U.S. dollar, or $1.0171. It finished the week down 0.2 percent. During the day it rose as high as C$0.9776 to the U.S. dollar. "We're still really in a broad range here. Probably between C$0.9700 and C$0.9900," said Shaun Osborne, chief currency strategist at TD Securities. "I still think the underlying trend is still a bit more towards Canadian dollar softness." He said that risk assets are not performing well and that the Canadian dollar is a barometer for risk sentiment. "I think the tone of the U.S. numbers is still quite soft and soft numbers in the U.S. typically translate into weaker Canadian dollar performance overall," Osborne said. U.S. consumer sentiment worsened this month on renewed concerns about the outlook for the economy, with gloom about job and income prospects persisting. [ID:nN17179878] In Greece, Prime Minister George Papandreou appointed a new finance minister in an effort to push through harsh economic reforms after weeks of public protests. [ID:nLDE75G0CY] [ID:nLDE75G1DB] Meanwhile, the leaders of France and Germany said they had an reached an outline agreement to save Greece from debt default and avert another global crisis, but investor anxiety looked likely to persist until a full accord is announced. [MKTS/GLOB] Canadian bond prices were flat to lower across the curve, as investors dipped their toes back into riskier assets. [US/] While Toronto's main stock market index lost ground and closed at its lowest level in seven months, U.S. stock indexes were mostly on higher ground. The two-year bond CA2YT=RR was down 1 Canadian cent to yield 1.495 percent, while the 10-year bond CA10YT=RR slipped 15 Canadian cents to yield 2.946 percent. (Reporting by Ka Yan Ng and Solarina Ho; editing by Peter Galloway) Our Standards: The Thomson Reuters Trust Principles.
c15e841d8bb0119fb21ece1272e1edb4	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN1813399720100518?edition-redirect=ca	CANADA FX DEBT-Guarded optimism lifts C$, bonds edge down	CANADA FX DEBT-Guarded optimism lifts C$, bonds edge down By Reuters Staff0 Min Read * C$ at 97.43 U.S. cents as risk aversion diminishes * Bond prices mostly lower TORONTO, May 18 (Reuters) - Canada's dollar pushed higher against the U.S. dollar on Tuesday, helped by a better, although still cautious, tone to riskier markets. Investors took heart from promises that euro zone finance ministers hoped to clarify some technical and legal details of the rescue plan this week [ID:nLDE64G290]. Spain and Portugal are also expected to outline measures to cut their budget deficits. That helped lift U.S. stock index futures, while crude oilprices, a key driver for Canada's commodity-linked currency, recovered from a five-month low the previous session and rose more than 3 percent to above $72 a barrel. [O/R] [.N] "The general theme is guarded optimism on Europe, but that can quickly evaporate," said Mark Chandler, head of Canadian fixed income and currency strategy at RBC Capital Markets. At 8:05 a.m. (1205 GMT), the Canadian dollar CAD=D4 was at C$1.0264 to the U.S. dollar, or 97.43 U.S. cents, up from C$1.0337 to the U.S. dollar, or 96.74 U.S. cents, at Monday's close. The currency retested the overnight session high at C$1.0259 to the U.S. dollar, or 97.48 U.S. cents, ahead of the day's data. Canadian data for international securities transactions for March is on tap, while the U.S. will present April data for housing starts, building permits and producer prices. This week's consumer price data for both Canada and the U.S. are due later this week. With the exception of the 30-year bond, Canadian government bond prices were mostly a touch lower and tracked U.S. Treasuries. "Longer term yields in the U.S. are down and it looks to be a little bit in Canada too. That story may be a bit about a combination of inflation being mute and also weakness in China (with) worries gathering a little bit of steam as well," said Chandler. The two-year government bond CA2YT=RR dipped 1 Canadian cent to C$99.24 to yield 1.882 percent, while the 10-year bond <CA10YT=RR was up 2 Canadian cents to C$99.95 to yield 3.506 percent. The 30-year bond CA30YT=RR was up 17 Canadian cents at C$118.65 to yield 3.880 percent. (Reporting by Ka Yan Ng; Editing by Theodore d'Afflisio) Our Standards: The Thomson Reuters Trust Principles.
75bf303834e7eab7bc36f86c9ee5f3d0	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN1814679520110318?edition-redirect=ca	CANADA FX DEBT-C$ gains fade vs yen, little changed vs USD	CANADA FX DEBT-C$ gains fade vs yen, little changed vs USD By 0 Min Read * Bank of Canada says took part in yen intervention * C$ jumps vs yen after BoC intervention but then fades * C$ rises to $1.0141 * Bonds flat, weigh Libya against rising stocks * Canada annual inflation rate eases in February (Adds details) By Ka Yan Ng TORONTO, March 18 (Reuters) - The Canadian dollar CAD=D4 finished little changed against the greenback on Friday, and the early gains it made against the yen on G7 central bank intervention faded a bit as the session wore on. The currency took tame domestic inflation data in stride, and attracted only muted attention for most of the day. Traders were focused instead on the move by Group of Seven central banks, including the Bank of Canada, to sell the yen, which had risen to record highs against some currencies due to anxiety over the crisis in quake-ravaged Japan. JPY= [ID:nLDE72H19Z] The Bank of Canada's participation will be reflected in the country's foreign reserves report in early April, a central bank spokesman said. [ID:nN18210972] The Canadian dollar had weakened against the yen, with one Canadian dollar buying as little as 78.03 yen on Thursday, a level not seen since April 2009. It jumped as high as 83.34 yen immediately after the Bank of Canada confirmed it was intervening, but by session's end, had eased to around 81.85 yen. CADJPY= "Canada has been lackluster today all day in a really tight range," said Firas Askari, head of foreign exchange trading at BMO Capital Markets. "Canada/yen has come off just because dollar/yen has come off." The U.S. dollar made sharp gains after the G7 action but later fell back. [FRX/] Analysts said it was not important how much the G7 central banks may have spent but the show of unity was the point. TD Securities noted that Canada's yen reserves are relatively small, $252 million as of March 3, and that any movement in the yen versus the Canadian unit is more likely to be dictated by U.S. Federal Reserve action than by that of the Canadian central bank. "The holdings of reserves that the (Bank of Canada) has of Japanese yen are fairly small so I think this is to provide moral support and to underpin the consensus across the G7 to support Japan," said David Tulk, chief Canada macro strategist at TD Securities. The Canadian currency had a lackluster session against the U.S. currency, finishing at C$0.9861 to the U.S. dollar, or $1.0141, little changed from Thursday's North American session close at C$0.9863 to the U.S. dollar, or $1.0139. It finished a volatile week -- during which it fell more than 2-1/2 cents to hit its weakest point since Feb. 11 -- down 1.5 percent. TAME INFLATION, BOC SEEN IN NO HURRY TO UP RATES Data on Friday showed Canada's annual inflation rate in February cooled to 2.2 percent from 2.3 percent in January, just below the consensus forecast of 2.3 percent, and the core rate fell to its lowest level on record at 0.9 percent. [ID:nSCLIEE7AG] The docile price environment suggested the Bank of Canada can hold off on raising interest rates, and a Reuters poll showed more primary dealers now say the first rate hike of 2011 will come in the second half of the year rather than the first. Overnight index swaps, which trade based on expectations for the key central bank rate, showed the market is more bearish on rate rises than the primary dealers, implying the year's first rate rise won't come until October. BOCWATCH [ID:nN18126761] Government bonds were flat to mildly higher, outperforming U.S. Treasuries, as a cease-fire declaration in Libya pared safety bids as did rises on global stock markets. The two-year Canadian government bond CA2YT=RR was off 1 Canadian cent to yield 1.608 percent, while the 10-year bond CA10YT=RR gained 12 Canadian cents to yield 3.173 percent. (Additional reporting by Claire Sibonney; Editing by Peter Galloway)
708254ada34fe4d2aa6fde30bde75c56	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN1823829620110518?edition-redirect=ca	CANADA FX DEBT-C$ eases, equities key to day's direction	CANADA FX DEBT-C$ eases, equities key to day's direction By 0 Min Read * C$ dips to C$0.9742 to the U.S. dollar, or $1.0265 * Bond prices flat * Equity, commodity markets eyed for trading cue * C$0.9770-C$0.9800 range remains key * Flaherty to stay as Canada finance minister TORONTO, May 18 (Reuters) - The Canadian dollar was mildly softer against the U.S. currency on Wednesday, while bond prices were nearly flat, after several choppy sessions tracking the equity and commodity markets. Similar to recent days, the Canadian dollar held in a tight range ahead of the open on North American equity markets. In early dealings, the Canadian dollar traded between C$0.9707-C$0.9748, holding near the previous session's close when it recovered with Toronto's main equity index. "The asset markets in general, despite yesterday's recovery, still feel jittery," said Shane Enright, executive director of foreign exchange sales at CIBC World Markets. "It's still very fragile, and the currencies remain very sensitive to the pulse of that tone in risk. I think we'll take our cues once the equity markets open and once the commodities really get going now." At 8:32 a.m. (1232 GMT), the Canadian dollar CAD=D4 was at C$0.9742 to the U.S. dollar, or $1.0265, down from Tuesday's North American session end at C$0.9726 to the U.S. dollar, or $1.0282. Canada's two-year bond CA2YT=RR was unchanged to yield 1.636 percent, while the 10-year bond CA10YT=RR was off 1 Canadian cent to yield 3.166 percent. The major technical area for the currency remains between C$0.9770-C$0.9800, which represents the 100-day moving average, a level it twice hasn't been able to overcome. Enright said if the currency closed weaker than that range, it could ultimately set up for a run back towards parity with the U.S. dollar. However, the market is showing little inclination to break it, and the Canadian dollar would have to rise through C$0.9650 to take away that threat of a new range. The catalyst for both currency and bonds could come at the end of the week when Statistics Canada releases inflation data for April and retail sales for March. The data are among the few last figures before the Bank of Canada's next interest rate decision on May 31. Few market players expect a rate hike at the end of the month, and increasingly, expectations of a rate hike are getting pushed later into the year. Neither the currency nor bond prices were influenced by news that Canadian Finance Minister Jim Flaherty will stay in his job after the federal government shuffle later on Wednesday. [ID:nN18232558] Prices were also little changed after data showed Canada's composite leading indicator climbed 0.8 percent in April from March. Other data showed Canadian wholesale trade inched up 0.1 percent in March from February as declines in several sectors offset partial gains in the auto sector. [ID:nSCLIGE7CB] [ID:nSCLIGE7CC] (Reporting by Ka Yan Ng; Editing by Padraic Cassidy)
71424c61149c1187803db794b57cdda4	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN1846909520090918?edition-redirect=ca	CANADA FX DEBT-Canadian dollar edges lower, bonds weaken	CANADA FX DEBT-Canadian dollar edges lower, bonds weaken By Reuters Staff3 Min Read * C$ at 93.58 U.S. cents * Gets short-lived pop from wholesale trade figures * Bonds weaken after Thursday’s rise (Adds commentary, updates prices) TORONTO, Sept 18 (Reuters) - The Canadian dollar firmed briefly against the U.S. currency on Friday morning after a domestic wholesale trade report came in stronger than expected, but quickly turned lower along with weakening stock markets. The currency CAD=D3 rose as high as C$1.0666 to the U.S. dollar, or 93.76 U.S. cents, shortly after data showed Canadian wholesale trade rose by 2.8 percent in July from June -- a much bigger increase than analysts had forecast. [ID:nN18247835] Overnight, the Canadian dollar had fallen 1 U.S. cent to touch a low at 92.85 U.S. cents. “(The Canadian dollar) did move a little bit but it was a little bit of a delayed reaction,” said J.P. Blais, vice president of foreign exchange products at BMO Capital Markets. “I think we saw some profit-taking overnight with a lot of people caught short U.S. dollars. I think the lack of liquidity accentuated this move a little bit.” With liquidity thinning ahead of holidays in Japan and Singapore next week, analysts expected more volatility and exaggerated moves on currency markets. A lower stock market open in Toronto and falling commodity prices were enough pull the Canadian dollar off its slight rise on Friday morning. At 10:05 a.m. (1405 GMT), the Canadian dollar was at C$1.0686 to the U.S. dollar, or 93.58 U.S. cents, down from Thursday’s session close of C$1.0668 to the U.S. dollar, or 93.74 U.S. cents. BONDS DROP Canadian bond prices were lower on Friday morning after Thursday’s rise, tracking a drop on the U.S. Treasury market ahead of next week’s near record amount of new issuance. [ID:nLI230677] The two-year bond CA2YT=RR slipped 4 Canadian cents to C$99.47 to yield 1.270 percent, while the 10-year bond CA10YT=RR fell 20 Canadian cents to C$103 to yield 3.383 percent. The 30-year bond CA30YT=RR dropped 45 Canadian cents to C$118.65 to yield 3.895 percent. (Reporting by Ka Yan Ng; editing by Peter Galloway) Our Standards: The Thomson Reuters Trust Principles.
1c3b5280841c910e3bb468171e5729b2	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN1E75L1K420110622?edition-redirect=ca	CANADA FX DEBT-C$ hits one-week high after Fed statement	CANADA FX DEBT-C$ hits one-week high after Fed statement By Reuters Staff0 Min Read * C$ rises to C$0.9714 to the U.S. dollar, or $1.0294 * Bond prices flat to higher * Fed downgrades economic assessment, sees pickup (Adds details) TORONTO, June 22 (Reuters) - The Canadian dollar rose to a one-week high against the greenback on Wednesday as U.S. Federal Reserve Chairman Ben Bernanke began speaking to the press after earlier lowering the U.S. economic outlook. The U.S. central bank, which left interest rates unchanged as expected, offered no hint of further monetary support, saying growth should pick up soon. [ID:nN1E75K22F] The Fed said the pace of U.S. economic recovery was proceeding more slowly than it had expected, but it expressed hope that growth would pick up soon. [ID:nN1E75K22F] "All in all, the expectation is that growth has somewhat slowed, the labor force is still weak, and the Fed is still very dovish. All that should help create U.S. dollar weakness," said Camilla Sutton, chief currency strategist at Scotia Capital. The Canadian currency pushed as high as C$0.97 to the U.S. dollar, or $1.0309, its highest level since June 15. By 2:41 p.m. (1841 GMT), the currency CAD=D4 had pared some gains, and was at C$0.9714 to the U.S. dollar, or $1.0294, up from Tuesday's North American finish at C$0.9724 or $1.0284. It had clawed back from early weakness -- falling as low as C$0.9754 to the U.S. dollar, or $1.0252 -- on relief that Greece had overcome a key hurdle to a debt deal with the government surviving a parliamentary confidence vote. But pressure was still on the debt-ridden country to approve tough austerity measures before it gets fresh funding from the European Union and the International Monetary Fund. [ID:nLDE75K21X] Canadian government bond prices were flat to higher across the curve, tracking their U.S. counterparts, after the Fed lowered the growth outlook. The two-year bond CA2YT=RR rose 3 Canadian cents to yield 1.505 percent, while the 10-year bond CA10YT=RR climbed 15 Canadian cents to yield 2.963 percent. (Reporting by Ka Yan Ng, additional reporting by Solarina Ho; editing by Rob Wilson) Our Standards: The Thomson Reuters Trust Principles.
eeeeb47f4dbd5f0a2f2a703be2510d8b	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN1E76308020110704?edition-redirect=ca	CANADA FX DEBT-C$ little changed in light holiday trade	CANADA FX DEBT-C$ little changed in light holiday trade By Claire Sibonney0 Min Read * C$ flat, stands at C$0.9598 vs US$, or $1.0419 * Bond prices edge lower across curve TORONTO, July 4 (Reuters) - The Canadian dollar was little changed against the U.S. dollar on Monday in holiday-quieted trading despite a warning by Standard & Poor's that a debt rollover plan could put Greece into selective default. On Saturday, euro zone finance ministers approved a 12 billion euro installment of aid for Greece and said the details of a second aid package would be finalized by mid-September. While expectations for a second Greek bailout kept riskier assets including markets underpinned S&P's latest warning served as a reminder to investors that the euro zone's woes are not over. [nL3E7I40H3] "It's extremely, extremely quiet as far as the amount of people that are even inquiring as to where prices are," said C.J. Gavsie, managing director of foreign exchange sales at BMO Capital Markets, noting the Independence Day holiday in the United States on Monday following Canada Day on Friday. "Those in the corporate community were definitely prepared for this and have done what they needed to for the end of June and they don't expect to enter into the markets until tomorrow when we expect normal activity to resume." With respect to other currencies such as the euro, Gavsie said concern over the Greek bailout is still dominating sentiment, but not dramatically so. [FRX/] Canadian data that showed slack global demand for industrial metals dampened Canadian producer prices in May also had little impact on the domestic currency. [ID:nN1E76306D] At 9:03 a.m. (1303 GMT), the The Canadian dollar CAD=D4 stood at C$0.9598 versus the U.S. dollar, or $1.0419, down from Friday's close at C$0.9590 to the U.S. dollar, or $1.0428. "Within 10 to 20 pips ... it's so inconsequential. That's natural float, a few orders getting filled," added Gavsie. Earlier in the session however, it firmed to as much as C$0.9580, or $1.0438, its best level since May 11. Gavsie said that level would serve as near-term resistance for the Canadian currency. Canadian bond prices were also flat, lacking direction from their U.S. counterparts. The two-year bond CA2YT=RR was down 4 Canadian cents to yield 1.613 percent, while the 10-year bond CA10YT=RR was up 5 Canadian cents to yield 3.120 percent ============================================================== FOR CANADIAN MARKETS NEWS, CLICK ON CODES IN BRACKETS: Canadian dollar and bonds report....[CAD/][CA/] TSX market report..........[.TO] Canadian interest rate poll.......... [CA/POLL] Reuters monthly Canadian dollar poll.[CAD/POLL] Reuters G7 quarterly economy poll.......ECONPOLL1 [ECILT/CA] Reuters global stocks poll (Canada)...EQUITYPOLL1 [EPOLL/CA] Weekly economic data poll..............[ECI/CA] Bank of Canada T-bill auction..........[CA/BIL] Bank of Canada securities auctions.....[CA/AUC] Top News: Canada ......[TOP/CAN] Today in Canada.......[CA/DIARY] Global markets report.............[MKTS/GLOB] Foreign exchange........[FRX/] Oil.......[O/R] US Treasuries........... [US/] Gold.....[GOL/] FOR CANADIAN MARKETS DATA, CLICK ON CODES IN BRACKETS: Real-time Canadian economic RICS.......ECONCA Canadian dollar quote............CAD=CAD=D3 Canadian bonds quote..<0#CABMK=> Canadian money market quote.........<0#CAMMKT=> Canada-Treasury spread rates........<CA/SPREAD> Canadian speed guide....CANADA Our Standards: The Thomson Reuters Trust Principles.
d9e7ddceede22ddbd373ff8236d85772	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN1E76D1S320110714?edition-redirect=ca	CANADA FX DEBT-C$ weakens from 2-mth high on Bernanke comments	CANADA FX DEBT-C$ weakens from 2-mth high on Bernanke comments By 0 Min Read * C$ at C$0.9610 to the U.S. dlr, or $1.0406 * Pulls back from session high of C$0.9549 after Fed news * Bernanke says not ready to offer more easing yet * Lower oil, commodity prices weigh By Trish Nixon TORONTO, July 14 (Reuters) - Canada's dollar weakened against the greenback on Thursday after earlier hitting a 2-month high, as the head of the U.S. Federal Reserve dampened hopes of that he would offer additional monetary stimulus. Fed Chairman Ben Bernanke reiterated that the U.S. central bank would be ready to inject more money into the system should the U.S. economy worsen, but stressed that inflation was higher now than it was late last year, so the Fed was not ready yet to take action. The U.S. dollar also gained against the euro and rallied from record lows versus the Swiss franc on the central banker's comments. [FRX/] "(The Canadian dollar) is trading up from the (C$0.9580s) purely on the back of strong dollar in general," said David Bradley, director of foreign exchange trading at Scotia Capital. The currency CAD=D4 ended the day at C$0.9605 to the U.S. dollar, or $1.0406, down from Wednesday's North American finish at C$0.9597, or $1.0420. Early in the session it reached a high of C$0.9549, or $1.0472, its strongest level since May 11. Bradley said because the Canadian dollar fell back from the two-month high it was more likely to weaken over the next 24 hours. But he saw support at the C$0.9640 and C$0.9650 levels. Weaker commodity prices were another drag on the Canadian dollar. Canada is a major natural resources exporter, and movements in their prices often influence the currency's direction. Oil prices fell for their first time in three days. [O/R] Canadian bond prices were mostly lower. The five-year bond CA5YT=RR fell 2.2 cents to yield 2.221 percent, while the 30-year bond CA30YT=RR was off 47 cents, yielding 3.403 percent. Canadian bonds mostly outperformed U.S. Treasuries, with the Canadian 10-year yield 0.5 basis points below its U.S. counterpart, compared with 7.2 basis points above yesterday. Some traders said given problems in Europe and the United States, Canada looked increasingly appealing to international investors. The United States may lose its top-notch credit rating in the next few weeks if lawmakers fail to increase the country's legal borrowing limit and the government misses debt payments, Moody's Investors Service warned on Wednesday. (Editing by Jeffrey Hodgson)
c2949fd49765dddfcba0fab530a4ab07	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN1E76I1VW20110719?edition-redirect=ca	CANADA FX DEBT-C$ powers to 2-1/2 month high on BoC statement	CANADA FX DEBT-C$ powers to 2-1/2 month high on BoC statement By 0 Min Read * C$ ends session at C$0.9508 to US$, or $1.0517 * Touches C$0.9483 to US$, or $1.0545, highest since May 3 * Bank of Canada holds key interest rate at 1 pct * BoC tone more hawkish, hints it will resume hiking * Bonds drop on higher likelihood of rate increase (Updates to close, adds details, comment) By Solarina Ho TORONTO, July 19 (Reuters) - The Canadian dollar strengthened to its highest level against the U.S. dollar in 2-1/2 months on Tuesday after the Bank of Canada indicated more firmly than before that it was closer to raising interest rates with the domestic economy seen growing at a healthy pace. The central bank held its overnight rate at 1.0 percent, but said core inflation will reach the bank's 2 percent target earlier than expected as it sees domestic economic growth accelerating in the second half of 2011, in contrast to rising risks abroad. [ID:nN1E76I045] "We saw the reaction with Canada strengthening as it looks like there's some chance of a rate hike before the end of the year," said Shane Enright, executive director, foreign exchange sales, at CIBC Capital Markets. "If you look at the futures, the market really hadn't priced in that much, so you've seen a little more implied tightening priced into the curve -- not a lot of it into the short date, more into early 2012, but it's been enough to give Canada a little bit of a boost." Overnight index swaps, which trade based on expectations for the key central bank policy rate, showed investors placing a slightly higher bet on the likelihood of a rate hike later this year. But the market still has not fully priced in a 25 basis point increase until next year. BOCWATCH The currency CAD=D4 closed at C$0.9508 to the U.S. dollar, or $1.0517, up from Monday's North American close of C$0.9589, or $1.0429. It rose as high as C$0.9483, or $1.0545, its highest level since May 3. The Bank of Canada will give a more complete view of its thinking in its quarterly Monetary Policy Report on Wednesday. Enright also noted that positive earnings, which bolstered equity markets, also lent positive sentiment to the currency. "The combination of the two things have taken the Canadian dollar stronger: Signs of slightly more intent from the Bank of Canada and stronger equity markets," said Enright. Market watchers will be parsing the central bank's report on Wednesday as well as inflation and retail sales data on Friday for further direction. Primary dealers could re-evaluate their targets for the Bank of Canada's first rate hike following the events. <CA/POLL> The European and U.S. debt crises, and the soft economy in the United States, Canada's biggest trading partner, are expected to otherwise dominate the currency's direction until Friday's data. The broader global risks have been seen as a threat to economic growth in Canada, but the central bank maintained its projection that the economy would return to full capacity by the middle of 2012 and that inflation would remain stable. "U.S. growth was revised lower and the risk around sovereign debt in Europe has increased significantly. We view these international headwinds as tying the Bank's hands for now," David Tulk, chief Canada macro strategist at TD Securities, wrote in a note. Canadian government bond prices were generally lower across the curve, reflecting the possibility that interest rate increases may come before year-end. The two-year bond CA2YT=RR, which is more sensitive to rate moves, was down 19 Canadian cents to yield 1.483 percent, while the 10-year bond CA10YT=RR gave back 20 Canadian cents to yield 2.897 percent. (Editing by Rob Wilson)
c5153992f593c9368d8ffebe73c8de4d	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN1E77407A20110805?edition-redirect=ca	CANADA FX DEBT-C$ lower, bonds jump, after Canadian jobs data	CANADA FX DEBT-C$ lower, bonds jump, after Canadian jobs data By Ka Yan Ng4 Min Read * C$ at C$0.9819 to the U.S. dollar, or $1.0184 * Short-dated bonds rise * Odds rise of rate cuts in October and December TORONTO, Aug 5 (Reuters) - Canada’s dollar pared losses against the U.S. currency on Friday morning after encouraging Canadian jobs data, but overarching worry about a slowing global economy weighed. Canada’s unemployment rate fell to 7.2 percent in July, its lowest level since December 2008, from 7.4 percent in June, though this was more due to people dropping out of the labor market than to new employment. Statistics Canada said the economy managed to eke out 7,100 new jobs while holding on to the 28,400 jobs that were picked up in June. The increase was less than half that expected in a Reuters survey of analysts but was marked by a healthy switch to full-time and private-sector employment. [ID:nN1E77404O] In response, the Canadian dollar CAD=D4 rose as high as C$0.9801 to the U.S. dollar, or $1.0203, after the data, rising about 25 ticks and not quite able to climb above its overnight high at C$0.9774. At 8 a.m. (1200 GMT), the currency was at C$0.9819 to the U.S. dollar, or $1.0184, below Thursday’s North American session close at C$0.9795 to the U.S. dollar, or $1.0209. “For the financial markets and the Canadian dollar this is pretty much a neutral report,” said Doug Porter, deputy chief economist at BMO Capital Markets. “It’s enough to stave off further selling in the Canadian dollar, but what will really drive the currency right now is the mood of the broader financial markets and of course the U.S. jobs report.” The key U.S. jobs report on monthly non-farm payrolls and the employment rate, due at 8:30 a.m. EDT (1230 GMT), will give clues on the extent of the weakness in the economy following a string of dismal macroeconomic data. Economists see payrolls up by 85,000, according to a Reuters survey, after a tepid 18,000 gain in June. The unemployment rate was expected to hold steady at 9.2 percent. [ID:nN1E77115Y] Short-dated goverment bonds surged in a flight to safety as concern ballooned over the slowing global economy and the spread of debt anguish into Italy and Spain and world stocks sank for an eighth straight session. [MKTS/GLOB] The soft headline on the Canadian jobs report also helped interest-rate sensitive issues, with expectations shifting towards later rate hikes, or now the possibility of a rate cut. Overnight index swaps, which trade based on expectations for the central bank's key policy rate, showed that traders priced in higher odds of rate cuts in October and December after the data. The market began pricing in the prospect of monetary easing after markets began tumbling this week. BOCWATCH “I would imagine that we would see the consensus shift even though the market price is way beyond that, but to the economists, I would expect their forecasts to start to move towards somewhat closer to where we are,” said Shaun Osborne, chief currency strategist at TD Securities. TD sees a rate hike in 2012, while the average view, according to a Reuters poll on July 20, expect the central bank to raise interest rates before year end. [CA/POLL] Reporting by Ka Yan Ng, Claire Sibonney, and Euan Rocha, Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.
c948143186c684993ebaac6d6ae7d65e	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN1E77A0VB20110811?edition-redirect=ca	CANADA FX DEBT-C$ rebounds with equities, but risks remain	CANADA FX DEBT-C$ rebounds with equities, but risks remain By Ka Yan Ng0 Min Read * C$ rises to C$0.9891 to the U.S. dollar, or $1.0110 * Bond prices retreat on equity market rally (Updates to midday) TORONTO, Aug 11 (Reuters) - The Canadian dollar edged up against the U.S. currency on Thursday as oil prices and equity markets rebounded, though gains were moderate as concerns over the European debt crisis and global economic growth weighed. Bond prices fell as equity markets were solidly higher. U.S. crude futures gained and the S&P 500 and Nasdaq rose more than 3 percent by late morning. Toronto's main stock index also climbed into positive territory after an early selloff. "Things have calmed down a little bit," said John Curran, senior vice-president at CanadianForex. At noon (1600 GMT), the Canadian dollar CAD=D4 was at C$0.9891 to the U.S. dollar, or $1.0110, up from Wednesday's North American close at C$0.9948 to the U.S. dollar, or $1.0052. Canada's two-year bond CA2YT=RR fell 14 Canadian cents to yield 0.927 percent, while the 10-year bond CA10YT=RR sagged 70 Canadian cents to yield 2.408 percent. Curran said the Canadian dollar was still a choice currency by sovereigns for reserves while healthy corporate demand was also a supportive factor. But this was "balanced by the risk-off scenario and the rate hike expectations, which have been lessened due to the Fed's actions and recent poor Canadian data," he said. Slumping exports propelled Canada to a much larger trade deficit than expected in June, data showed on Thursday, which will likely slash second-quarter growth to well below already modest predictions. [ID:nN1E77A0LU] The data followed Tuesday's dovish statement by the U.S. Federal Reserve, which upped expectations the Bank of Canada will keep its interest rates lower for longer, with markets even betting on a rate cut by year-end. [ID:nN1E77915R] Canadian overnight index swaps, which are based on expectations for the Bank of Canada's key policy rate, have fully priced in odds of a 25 basis point rate cut later this year on mounting fears of a global slowdown. BOCWATCH But strong U.S. jobs data on Thursday took some of the focus away from renewed fears about the health of the euro zone banking system. [MKTS/GLOB] "We have to see if the world can bring itself back from the edge here, which I think we will be able to do," said Curran. "I think we should level off with the risk factors." The Canadian dollar has managed to stay above parity with the greenback since briefly dipping below a one-for-one footing on Tuesday as worries intensified about the twin U.S. and European debt crises. "Things usually overshoot in panic situations like we've just had. That we haven't gone back (below parity) is a solid positive for the Canadian dollar," said Curran. (Reporting by Ka Yan Ng; editing by Rob Wilson) Our Standards: The Thomson Reuters Trust Principles.
aeecde722c1fea48a60bb3f13c95bfe9	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN1E77B1Q520111003?edition-redirect=ca	CANADA FX DEBT-C$ weakens to 2011 low, eye on Europe	CANADA FX DEBT-C$ weakens to 2011 low, eye on Europe By Andrea Hopkins0 Min Read * C$1.0494 vs US dollar, or 95.29 U.S cents * Bond prices higher across the curve TORONTO, Oct 3 (Reuters) - The Canadian dollar weakened to a 2011 low against the U.S dollar on Monday as fresh worries about the European debt crisis contributed to skittish markets. World stocks kicked off the last quarter of 2011 lower while the yen and core government bonds rose as concerns grew over the impact a Greek default would have on Europe's banks after Athens admitted it will miss deficit targets. [MKTS/GLOB] U.S. stock index futures were modestly lower as concerns over Greece's teetering finances returned to the forefront and after equities ended their worst quarter since 2008. [.N] "As with most of the majors, we're taking our cue from general risk appetite, so the dollar-CAD popped up through C$1.05 earlier in the day when risk appetite was at its worst, and it subsequently pulled back as we've had a little bit of a bounce in risk appetite," said Adam Cole, global head of FX strategy at RBC Capital Markets in London. "There really isn't much domestically Canadian going on and we're just trading where the S&P futures dictate." At 8:51 a.m. (1251 GMT), the Canadian dollar CAD=D3 stood at C$1.0494 to the U.S. dollar, or 95.29 U.S. cents, little changed from Friday's close at C$1.0482 to the U.S. dollar, or 95.40 U.S. cents. It earlier hit C$1.0524, its weakest level since September, 2010. Cole said the currency should trade in a range between C$1.04-C$1.0525, representing Friday's high and the overnight low, respectively, "unless we see a really big sell off in equity markets." He said the focus remained on Europe, with little news on the economic front in Canada until employment data is released on Friday. ECONCA Draft budget figures showed Greece would miss its deficit targets for both this year and next, which could force the country to seek more bailout funds. If it fails to get the financing, the government may be forced to default, an outcome that could accelerate a slide back into global recession. For details, see [ID:nL5E7L20IT] A sharp fall in shares of Franco-Belgian financial group Dexia DEXI.BR, highly exposed to Greek loans, highlighted concerns about the extent to which a default in Athens would damage already fragile European banks. [ID:nL5E7L30GX] Canadian banks have said they have little to no exposure to Greek debt. Policymakers looked no nearer to agreeing on a definitive solution to the euro zone debt crisis. Officials meeting on Monday are discussing ways to leverage the bloc's rescue fund and pressure Greece to implement agreed structural reforms. [ID:nL5E7L20LD] Bond prices were higher across the curve. The two-year Canadian government bond CA2YT=RR was up 0.5 Canadian cent to yield 0.882 percent, while the 10-year bond CA10YT=RR gained 25 Canadian cents to yield 2.127 percent. (Editing by Jeffrey Hodgson) Our Standards: The Thomson Reuters Trust Principles.
bd7a4bbdffb657b2c01bcc51a5f5b26b	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN1E77G0HB20110817?edition-redirect=ca	CANADA FX DEBT-C$ hits 1-week high as oil prices rise	CANADA FX DEBT-C$ hits 1-week high as oil prices rise By Ka Yan Ng3 Min Read * C$ off high at C$0.9792 to the U.S. dollar, or $1.0212 * Bond prices flat to higher * Foreigners sell Canadian securities in June TORONTO, Aug 17 (Reuters) - Canada’s dollar touched its highest level in more than a week on Wednesday morning, helped by stronger oil prices, but it then backed off, restrained by anxiety over the state of the global economy. Government bonds were flat to higher, reflecting some disappointment that at a summit meeting on Tuesday France and Germany had stopped short of increasing the size of the euro zone’s rescue fund and had rejected for now the idea of a common euro bond. [ID:nL5E7JG0IH] The currency rose as high as C$0.9776 to the U.S. dollar, or $1.0229, before retreating to near its 200-day moving average around C$0.9810. The price of oil was up more than 2 percent to above $88 a barrel on Wednesday after industry data released the previous day showed U.S. gasoline stocks fell sharply last week. North American stocks also opened higher, lending some support to risk assets. “Certainly the intense focus on financial instability has faded. So dollar/CAD coming back from its recent highs does make sense,” said David Watt, senior currency strategist at RBC Capital Markets. “But again, CAD is a still a cyclical currency and we’re still having a number of concerns about the global economic outlook.” World stocks dipped while top-rated government bonds rallied on Wednesday as investors grew concerned that French and German plans for closer fiscal integration may be insufficient to stop the regional debt crisis from spreading further. [MKTS/GLOB] For the first time since March 2010, foreigners reduced their holdings of Canadian securities in June, selling C$3.5 billion ($3.6 billion) worth after buying C$15.3 billion in May, Statistics Canada said on Wednesday. [ID:nN1E77G03R] Investors had been piling money into Canada, apparently eyeing its sound economy, banks, fiscal outlook and currency. Even with June’s reversal, the first half of the year showed C$41.2 billion of foreign investment in Canadian securities. At 9:35 a.m. (1435 GMT), the Canadian currency CAD=D4 was at C$0.9792 to the U.S. dollar, or $1.0212, up from Tuesday's North American finish at C$0.9821 to the U.S. dollar, or $1.0182. Canada's two-year bond CA2YT=RR was unchanged to yield 0.998 percent, while the 10-year bond CA10YT=RR advanced 21 Canadian cents to yield 2.434 percent. A C$3.5 bln tranche of two-year government of Canada Canada bonds will be auctioned at noon. (Reporting by Ka Yan Ng; editing by Peter Galloway) Our Standards: The Thomson Reuters Trust Principles.
4104470279103404dbe4ac4501432dcb	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN1E77U0E620110831?edition-redirect=ca	CORRECTED - CANADA FX DEBT-C$ up after Canada GDP data	CORRECTED - CANADA FX DEBT-C$ up after Canada GDP data By 0 Min Read (Corrects the bullet points and the first and fifth paragraphs to remove references to U.S. private-sector jobs data being better than expected.) * C$ rises to C$0.9758 vs US$, or $1.0248 * Bond prices mixed across curve * Canada economy shrinks in Q2, first time since recession * Canada's June GDP shows rebound from May * U.S. private sector adds 91,000 jobs in August (Updates with details, commentary) By Claire Sibonney TORONTO, Aug 31 (Reuters) - The Canadian dollar ticked up against the U.S. dollar on Wednesday morning after a mixed reading on domestic growth figures was offset by modest growth in U.S. private employment data, and stronger U.S. equities. In Canada, simultaneous reports showed the Canadian economy shrank in the second quarter -- the first quarterly fall since the 2008-09 recession -- largely due to temporary factors such as the huge earthquake and tsunami in Japan in March. However, growth in June rebounded after falling in May. For more see [ID:nN1E77U099]. "There may have been a knee-jerk reaction, but I'm not seeing any long-lasting effect," said Sal Guatieri, senior economist at BMO Capital Markets. "The report does not carry many implications for monetary policy, even though quarterly growth came in a little weaker than expected, June GDP came in a little better than expected, raising hopes that the economy bounced back in the third quarter." The currency also picked up after a private report showed modest growth of 91,000 jobs in U.S. private jobs in August, soothing some worries about a recession, and as U.S. stock futures rose on stimulus hopes. [ID:nEAPAV0EH0] At 9:14 a.m. (1314 GMT), the Canadian dollar CAD=D4 stood at C$0.9758 to the U.S. dollar, or $1.0248, up from Tuesday's North American session close at C$0.9782 to the U.S. dollar, or $1.0223. The currency was little changed going into the domestic reports, and briefly turned negative following the disappointing second-quarter headline. Canadian bond prices were mixed across the curve. The interest-rate sensitive two-year bond CA2YT=RR was up 15 Canadian cents to yield 1.020 percent, while the 10-year bond CA10YT=RR slipped 5 Canadian cents to yield 2.408 percent. (Editing by James Dalgleish)
95e15e4268cbad26456872d686d90714	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN1E79B1KB20111012?edition-redirect=ca	CANADA FX DEBT-C$ rallies as markets embrace risk	CANADA FX DEBT-C$ rallies as markets embrace risk By John McCrank0 Min Read * C$ ends at C$1.0173 vs US$, or 98.30 U.S. cents * Bond prices track U.S. Treasuries lower * Canada bond auction demand contrasts with Treasuries (Updates to North American session close) TORONTO, Oct 12 (Reuters) - The Canadian dollar hit its highest level against the U.S. dollar in almost three weeks on Wednesday as risk appetite grew on hopes that a crisis in the euro zone would be avoided, lessening the chances of a global recession. Slovakia, the only euro zone country to not yet approve an increase in the zone's emergency fund, seen as critical to containing the region's debt crisis, looked set to come to an agreement by Friday. [ID:nL5E7LC0JT] That helped the euro rise to a near one-month high against a weaker greenback and global stocks rallied as investors unwound safe-haven bids. [ID:nL5E7LC0L7] "A lot of money is coming out of the Treasury market sending yields sharply higher," said Sal Guatieri, senior economist at BMO Capital Markets. The Canadian dollar CAD=D3 hit C$1.0135, or 98.67 U.S. cents, its highest level since Sept. 22. The currency weakened off by the end of the North American session, but still held on to gains of around a penny, finishing at C$1.0173 to the U.S. dollar, or 98.30 U.S. cents. That compared with Tuesday's North American close of C$1.0279 to the U.S. dollar, or 97.29 U.S. cents. Canada is a major exporter of commodities, which have been under pressure in recent months as fears over the state of the global economy put demand into question. On Wednesday, other commodity-linked currencies, including the New Zealand and Australian dollars, also made large gains. "It reflects optimism that the global economy may avoid a recession and therefore, there's an improved outlook for commodities and that's supporting commodity-based currencies," Guatieri said. U.S. crude prices actually ended slightly lower at $89.59 a barrel on profit-taking after rising 13 percent over the previous five sessions, while gold prices rose 0.8 percent to $1,678.80 an ounce in response to the weaker greenback. [O/R] [MET] Michael O'Neill, vice-president of FX Trading at RJOFX Canada, said he expects the Canadian dollar to trade in a range of C$0.9980 and C$1.0230 for the rest of the week. David Watt, vice-president, senior fixed income and currency strategist at RBC Capital Markets, said he thought the risk rally may be slightly overdone. "Even if we get the best-case scenario for some of the EU contagion risks being contained, there are still a number of cyclical risks to year-end," he said, adding that the world trade outlook still called for a further slowdown. "Not a catastrophe, but a further slowdown." On the Canadian data front, new home prices edged up 0.1 percent in August for the second straight month, showing more moderate increases than in the second quarter, according to Statistics Canada. [ID:nN1E79B04U] Bond prices drifted lower across the board, tracking U.S. Treasuries, as fears about Europe's debt crisis receded. [US/] The two-year Canadian government bond CA2YT=RR shed 8 Canadian cents to yield 1.026 percent, while the 10-year bond CA10YT=RR dropped 50 Canadian cents to yield 2.356 percent. Canada's sale of five-year government bonds met with healthy appetite on Wednesday, despite the unwinding of risk aversion. [ID:nN1E79B0W6] The C$3.5 billion ($3.4 billion) auction of bonds produced an average yield of 1.729 percent, down sharply from 2.309 percent at the last five-year bond auction in July, before global markets took a turn for the worse. The Canadian bond auction, however, was overshadowed by a $21 billion auction of reopened 10-year U.S. Treasury notes, which had the weakest demand in nearly a year as investors turned to beaten down stocks and away from the lower-risk government debt. [ID:nN1E79B15T] "That just shows where the pressing concerns are," Watt said. "The pressing concerns aren't with the Canadian financial situation, the concerns are the U.S. Treasury market." (Reporting by John McCrank; editing by Rob Wilson) Our Standards: The Thomson Reuters Trust Principles.
83af5a57917f05170cc7aa9868d15c36	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN1E79O07D20111025?edition-redirect=ca	CANADA FX DEBT-C$ breaks through parity on European optimism	CANADA FX DEBT-C$ breaks through parity on European optimism By 0 Min Read * C$ at C$1.0003 vs US$, or US$0.9997 * Breaks through parity, touches one-month high * Europe optimism spurs risk appetite * Bond prices lower By Andrea Hopkins TORONTO, Oct 25 (Reuters) - The Canadian dollar strengthened through parity against its U.S. counterpart on Tuesday as optimism over Wednesday's euro zone debt crisis summit spurred risk appetite, sending equities and oil higher. It was the first time since Sept. 21 that the Canadian currency was stronger than the safe-haven greenback and suggested investors were betting on a solution to the European crisis that would help restore global economic growth -- despite huge obstacles still facing the euro zone. "Markets have very high expectations for this EU summit tomorrow and optimism is showing in the markets this morning," said Blake Jespersen, director, foreign exchange sales at BMO Capital Markets. "A little bit of caution is needed here. I think the market has maybe gotten a bit ahead of itself and there still remains a fairly high probability that the EU summit could disappoint the markets and that could send us the other way. This is building for a potential short squeeze in dollar-Canada." At 8:11 a.m. (1211 GMT), the Canadian dollar CAD=D3 stood at C$1.0003 to the U.S. dollar, or $0.9997, just below parity and above Monday's North American session close at C$1.0031 to the U.S. dollar, or 99.69 U.S. cents. The currency fell below parity with the U.S. dollar on Sept. 21 as global growth fears dominated markets and investors fled to the safety and liquidity of the U.S. dollar. Jespersen said he expects trade in dollar-Canada to remain in a fairly tight range near parity, between C$0.9950 and C$1.0030, ahead of the outcome of Wednesday's summit in Europe, before succumbing to whatever market sentiment takes hold after the summit conclusion. "Tomorrow is anyone's guess. I think there is a chance for some out-sized moves in currency markets and tomorrow we could see anywhere from a 2 to 3 cent move depending on what comes out of this summit. The risk is skewed to a stronger U.S. dollar, and that would be a view that EU does disappoint and that could send dollar-Canada all the way back to maybe C$1.02 or C$1.0250," he said. EU leaders are to meet on Wednesday with tentative plans in place for Greece's debt to be reduced, European banks to be recapitalised and the euro zone's EFSF rescue fund to be increased to provide partial insurance for sovereign bonds. But the agreements and how far they go remain under discussion, causing some nerves on financial markets. World stocks, including European shares, were higher and the euro gained, hitting a new six-week high. U.S. oil rose for a third straight day to hit a 3-month high above $93 a barrel. Wall Street looked set to open higher, boosting sentiment in Europe. [MKTS/GLOB] Canadian markets will also keep one eye on the Bank of Canada's rate announcement, due at 9 a.m. (1300 GMT), though no change in official policy is expected. All 40 economists and strategists polled by Reuters see the Bank of Canada maintaining its overnight target rate at 1 percent. The median forecast is for the next rate hike to not be before the third quarter of next year. "(The Bank of Canada is) still going to remain very cautious given that the U.S. economy has not been able to find its footing and all the problems in Europe," said Jespersen. "So I don't think the Bank is going to be much of an event today especially with what's coming up tomorrow." Canadian government bond prices were mixed. The two-year bond CA2YT=RR was down 2.5 Canadian cents to yield 1.115 percent, while the 10-year bond CA10YT=RR fell 8 Canadian cents to yield 2.376 percent. (Editing by Chizu Nomiyama)
b6806cf36f55abe09d622ed7c3e9022c	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN1E7A31ST20111104?edition-redirect=ca	CANADA FX DEBT-C$ ends weaker on jobs drop; Greek worry	CANADA FX DEBT-C$ ends weaker on jobs drop; Greek worry By 0 Min Read * C$ at C$1.0167 vs US$ or 98.36 U.S. cents * Employment drops 54,000 vs gain of 12,000 forecast * Markets price in increased chance of a rate cut * Eye on key Greek confidence vote * Bond prices rise, outperform U.S. Treasuries (Updates to close) By Andrea Hopkins TORONTO, Nov 4 (Reuters) - The Canadian dollar ended weaker on Friday after data showed an unexpected plunge in Canadian employment in October, which boosted the chances of an eventual Bank of Canada interest rate cut. Renewed doubts about the future of Europe's debt bailout package and the jitters ahead of paliamentary confidence vote for the Greek government also kept the currency and other risk assets on the defensive, overshadowing signs of improvement in Friday's U.S. jobs report for October. "The big driver has been that Canadian jobs report ... (but) in terms of event risk today, we're still waiting for that Greek confidence vote," said Stewart Hall, senior currency strategist at Royal Bank of Canada. In October, Canadian employers cut almost all the jobs gained in September as a sluggish economy led to layoffs in the manufacturing and construction sectors. [ID:nN1E7A3026] "It is definitely suggesting the economy is slowing," said Sheryl King, head of Canadian economics at Bank of America-Merrill Lynch. "I don't think (the jobs report) is enough to get the Bank of Canada to cut (rates) at this point, but one or two more of these and there is a strong possibility that the bank could start reducing interest rates." In the wake of the surprise job losses, the Canadian dollar CAD=D3 fell more than a cent to a session low of C$1.0229 to the U.S. dollar, or 97.76 U.S. cents, its weakest point in more than two weeks, before regaining a little ground. It ended the North American session at C$1.0167 to the U.S. dollar, or 98.36 U.S. cents, below Thursday's North American close of C$1.0081 to the U.S. dollar, or 99.20 U.S. cents. Overnight index swaps, which trade based on expectations for the central bank's key policy rate, showed that traders were pricing in a higher chance of a rate cut next year. BOCWATCH However, a Friday poll of primary dealers showed they expect the Bank of Canada to hold its key policy rate - now at still stimulative 1 percent - where it is for an extended period rather than cut, though four of the 12 dealers have pushed back forecasts for the timing of the central bank's next move. [CA/POLL] Separately, data showed U.S. hiring slowed in October but the unemployment rate hit a six-month low and job gains in the previous two months were stronger than thought, pointing to some improvement in the still-weak labor market. [ID:nN1E7A21ET] But that news was overshadowed by the ongoing debt drama in Europe. Greek Prime Minister George Papandreou faced a vote of confidence late on Friday night, with the fate of the nation's deal on a euro zone debt bailout, and, perhaps, the global economy in the balance. [ID:nL6E7M4019] RBC's Hall said the Greek vote and euro zone fallout could drive the Canadian dollar in either direction overnight. "While the jobs numbers were important ... Greece has been steering the boat this week and it is still Greece that has its hands on the tiller, up until we find out what happens with this confidence vote," Hall said. "We could see (the Canadian dollar) really going either way - supporting more positive for risk, or conversely changing to a risk-off if things get messy and there is greater uncertainty on the back of this confidence vote." Canadian government bond prices were higher across the curve. The two-year bond CA2YT=RR rose 12.5 Canadian cents to yield 0.936 percent. The 10-year bond CA10YT=RR climbed 41 Canadian cents to yield 2.165 percent. (Editing by Jeffrey Hodgson and Peter Galloway)
3c1b74e51724e451ea5498516ab85f9a	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN2019120420101220?edition-redirect=ca	CANADA FX DEBT-C$ falls on weak data, US stock market drop	CANADA FX DEBT-C$ falls on weak data, US stock market drop By Claire Sibonney0 Min Read * C$ falls to 97.94 U.S. cents * Government bond prices up across curve * Canada wholesale trade weaker than expected (Recasts after wholesale trade data) TORONTO, Dec 20 (Reuters) - The Canadian dollar retreated against its U.S. counterpart on Monday morning after Canadian wholesale trade figures came in below expectations and U.S. equity markets reversed gains. The Canadian currency fell as low as C$1.0210 against the U.S. dollar, or 97.94 U.S. cents, almost a penny lower than Friday's close after U.S. indexes declined, weighed by the information technology sector. [.N] As well, wholesale trade was flat in October from the month before -- versus calls for a 0.8 percent increase -- as auto sector-led gains were offset by a sharp drop in demand for machinery and equipment. [ID:nN20186706] South of the border, the Federal Reserve Bank of Chicago's national activity index slipped in November, which also dragged on market sentiment. [ID:nNLLKNE6Q8] "We had weak data from Canada, weak data from the U.S. so that hasn't boded that well for the Canadian dollar," said Camilla Sutton, chief currency strategist at Scotia Capital. "We haven't really seen a ton of market activity across the board so things feel very quiet ... it feels like we're much closer to Christmas holidays than we actually are." Early in the session, the Canadian currency drew mild support from firmer commodity prices and positive equity markets overseas. However, tensions in the Korean peninsula and euro zone concerns were also seen keeping investors wary, but had limited tangible impact on the Canadian dollar. [ID:nL3E6NK01M] [FRX/] Despite threats of war by Pyongyang, South Korea launched live-fire drills on a disputed island after an emergency U.N. Security Council meeting failed to agree on how to defuse the crisis. "It's amazing how we've just brushed off Korea," added Sutton. "In terms of Europe, I think the market is very focused on headline risk, but all in all there hasn't been anything concrete enough to shift euro out of its month-to-date trading range." At 10:30 a.m. (1530 GMT), the Canadian dollar CAD=D4 was at C$1.0198 to the U.S. dollar, or 98.06 U.S. cents, down from Friday's close at C$1.0128 versus the greenback, or 98.74 U.S. cents. Canadian government bond prices extended gains following the soft wholesale trade data. The two-year bond CA2YT=RR rose 7 Canadian cents to yield 1.610 percent, while the 10-year bond CA10YT=RR climbed 36 Canadian cents to yield 3.141 percent. Looking to the rest of the week, the Canadian consumer price index report for November on Tuesday will likely be the highlight of the week, although retail sales and gross domestic product figures for October may also sway the currency. Inflation has been lower than expected for much of the year, so markets are looking for reassurance the trend won't suddenly be reversed. Such reassurance would leave the central bank in a comfortable position to hold its key interest rate unchanged at 1 percent for at least the first quarter of 2011. For details, see [ID:nN17250600] ECONCA (Additional reporting by Ka Yan N; editing by Peter Galloway) Our Standards: The Thomson Reuters Trust Principles.
0d3ad2b793e7faf967c1c24c286c258c	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN2121641120100121?edition-redirect=ca	CANADA FX DEBT-C$ sags on oil; shrugs off Bank of Canada	CANADA FX DEBT-C$ sags on oil; shrugs off Bank of Canada By Jennifer Kwan0 Min Read * C$ lower at C$1.0475 to the US$, or 95.47 US cents * Central bank report paints brighter growth picture * Bond prices flat to slightly higher (Adds details, quote) TORONTO, Jan 21 (Reuters) - The Canadian dollar sagged against the U.S. currency on Thursday, pressured by weak oil prices, while largely shrugging off a Bank of Canada report that painted a slightly rosier inflation and growth picture. In its Monetary Policy Report, the central bank raised its economic growth projection for the final three quarters of this year and forecast inflation throughout 2010 would be higher than it had expected. [ID:nBAC002364] The Canadian currency's reaction was muted, said Camilla Sutton, currency strategist at Scotia Capital, noting that in its decision on Tuesday to keep rates unchanged, the central bank had covered much of the same ground. "The report was very neutral. It was very much in line with the commentary we heard on Tuesday. They'd already given us some insight on growth changes so we just have that now firmed up," she said. After the report's release, central bank Governor Mark Carney repeated the bank's pledge to keep interest rates at current levels until the end of June as long as inflation remains in check. He declined to forecast rates beyond June. At 12:15 p.m. (1715 GMT), the Canadian dollar was at C$1.0475 to the U.S. dollar, or 95.47 U.S. cents, a sliver below Wednesday's finish of C$1.0470 to the U.S. dollar, or 95.51 U.S. cents. Earlier, the Canadian dollar hit a low of C$1.0525, or 95.01 U.S. cents, hurt by broad U.S. dollar strength. By midday the greenback had given up gains against the yen made earlier on Thursday as increased risk aversion knocked stocks lower and as President Barack Obama announced plans to place new limits on some proprietary bank trading. [FRX/] Those pressures on the greenback helped the Canadian currency fight back, said Michael Gregory, senior economist at BMO Capital Markets. BONDS FIRMER Canadian government bond prices were mixed but mostly higher, mirroring U.S. Treasuries, which rose as stocks tumbled and money flowed to less risky assets. [US/] "Part of that is related to risk. U.S. Treasury market yields are down and prices are up pretty solidly. Canada is following that a little," Gregory said. The two-year bond CA2YT=RR was largely unchanged, down 1 Canadian cent at C$100.08 to yield 1.209 percent. The 30-year bond CA30YT=RR climbed 23 Canadian cents to C$116.50 to yield 4.002 percent. (Editing by Peter Galloway) Our Standards: The Thomson Reuters Trust Principles.
3a6e3e2cc0d97bc620d20a3c6f2959ac	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN2123522020100121?edition-redirect=ca	CANADA FX DEBT-C$ falls as oil price sags, stocks tumble	CANADA FX DEBT-C$ falls as oil price sags, stocks tumble By 0 Min Read * Ends at C$1.0514 to the US$, or 95.11 US cents * White House bank plan weighs on North American markets * Bank of Canada paints brighter growth picture * Bond prices slightly higher (Updates to close, quote) By Jennifer Kwan TORONTO, Jan 21 (Reuters) - The Canadian dollar retreated against the U.S. currency on Thursday as commodity prices dropped and North American stock markets slid after U.S. President Barack Obama proposed new risk rules for banks. U.S. stocks, typically a barometer of risk appetite, dropped as the president proposed stricter limits on financial institutions' risk-taking in a new populist-tinged move that rattled markets. [.N] [ID:nN21115923] That added to already bruised investor sentiment after strong Chinese growth data fueled concerns over possible monetary tightening in the giant Asian economy, said David Watt, senior currency strategist at RBC Capital Markets. [ID:nTOE60K011] That China might step on the brakes a little more aggressively invoked fears that one of the few bright lights in the global economic recovery may dim, said Watt. The Canadian dollar ended at C$1.0514 to the U.S. dollar, or 95.11 U.S. cents, down from Wednesday's finish of C$1.0470 to the U.S. dollar, or 95.51 U.S. cents. The currency hit a low of C$1.0525, or 95.01 U.S. cents, during the session, hurt by broad U.S. dollar strength. Watt added that a Bank of Canada report that painted a slightly rosier inflation and growth picture may have helped to stem potentially steeper losses. In its Monetary Policy Report, the central bank raised its economic growth projection for the final three quarters of this year and forecast inflation throughout 2010 would be higher than it had expected. [ID:nBAC002364] "They did talk favorably about global growth and favorably about the outlook for commodity prices ... I think that limited any (Canadian dollar) sell-off, even though we had all that carnage with stock markets. The Canadian dollar managed to hold its own," said Watt. Camilla Sutton, a currency strategist at Scotia Capital, said the currency's moves after the report were fairly muted as it largely repeated Tuesday's message from the central bank, when it announced it would keep rates steady. "The report was very neutral. It was very much in line with the commentary we heard on Tuesday. They'd already given us some insight on growth changes so we just have that now firmed up," she said. After the Monetary Policy Report's release, Governor Mark Carney said the Canadian economy was on track to recover this year and the outlook has improved since October. He repeated the bank's pledge to keep interest rates at current levels until the end of June as long as inflation remains in check, but declined to forecast rates beyond June. [ID:nN21189595] The price of oil, a key Canadian export, dropped more than 2 percent to a 2010 low around $76 a barrel after U.S. data fueled demand concerns, while gold prices also dropped. [O/R] [GOL/] Both commodities exert a strong influence on the Canadian dollar. BONDS FIRMER Government bond prices were firmer, mirroring moves in the influential U.S. Treasury market where debt prices rose as stocks tumbled and money flowed to less risky assets. [US/] "Part of that is related to risk. U.S. Treasury market yields are down and prices are up pretty solidly. Canada is following that a little," said Michael Gregory, senior economist at BMO Capital Markets. The two-year bond CA2YT=RR was largely unchanged, up 4 Canadian cents at C$100.12 to yield 1.187 percent. The 30-year bond CA30YT=RR climbed 28 Canadian cents to C$116.55 to yield 3.999 percent. Canadian bonds mostly underperformed U.S. notes across the curve. The Canadian 2-year bond was 35 basis points above the U.S. 2-year yield, compared with about 32 basis points in the previous session. (Editing by Rob Wilson)
4e84ca60d963b9157b91e8396bab6f92	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN2128128420090921?edition-redirect=ca	CANADA FX DEBT-C$ falls as caution and commodities weigh	CANADA FX DEBT-C$ falls as caution and commodities weigh By Ka Yan Ng0 Min Read * C$ ends down at 92.81 U.S. cents * Fed, G20 meetings in focus * Bonds lower, await Fed, wave of supply (Updates to close) TORONTO, Sept 21 (Reuters) - The Canadian dollar fell against a broadly firmer U.S. currency on Monday, weighed down by lower commodity prices and weakening stock markets. The currency recovered from session lows, tracking a similar turnaround by Toronto's main stock index. [.TO] But it was still under pressure from commodities, a reflection on Canada's resource-based economy. The price of oil CLc1, a key Canadian export, fell below $70 a barrel, while gold remained well off 18-month highs but made its way back above $1,000 an ounce. [O/R] [GOL/] [MET/L] The Canadian dollar ended at C$1.0775 to the U.S. dollar, or 92.81 U.S. cents, down from C$1.0697 to the U.S. dollar, or 93.48 U.S. cents at Friday's close. During the session it dipped as low as C$1.0855 to the U.S. dollar, or 92.12 U.S. cents. The mood in currency markets was cautious ahead of this week's G20 summit and a two-day U.S. Federal Reserve meeting. The U.S. dollar rose as investors reduced bets against the greenback ahead of the monetary policy meeting by the U.S. central bank. [FRX/] "Going into this week the risks were biased towards the U.S. dollar probably seeing a bit of a reprieve and that is part of what we're seeing today," said David Watt, senior currency strategist, at RBC Capital Markets. The Fed is likely to hold rates steady at its meeting, which starts on Tuesday, but markets are still eager to know if the central bank will soon unwind some stimulus programs due to a pickup in economic data. "(The exit strategy) has a lot of people somewhat wary, especially given the extent of U.S. dollar shorts. So that's one of the reasons why we have been watching for the possibility that the U.S. dollar get a bit of reprieve," Watt said. Later in the week, leaders from the Group of 20 nations will meet in Pittsburgh. Among major issues expected to be discussed will be bankers' pay and the need to examine strategies for withdrawing state stimulus. [ID:nLH78576] BONDS MOSTLY FALL Without much economic data to guide trading, most Canadian bond prices followed their U.S. counterparts [US/] lower as new debt supply loomed. Investors are on guard for a near record $112 billion in shorter-dated U.S. Treasury issues due this week, as well as comments about the economy following the Fed meeting. Prices were higher across the curve to start the day when stock markets held deeper losses. The two-year bond CA2YT=RR was the only advancer, as it edged up 1 Canadian cent to C$99.46 to yield 1.283 percent. The 10-year bond CA10YT=RR fell 14 Canadian cents to C$102.76 to yield 3.412 percent. The 30-year bond CA30YT=RR dropped 37 Canadian cents to C$117.93 to yield 3.931 percent. Canadian bonds mostly underperformed their U.S. counterparts across the curve. The Canadian 10-year bond yield moved to 7.2 basis points below its U.S. counterpart, compared with 7.4 basis points at the previous close. A report on Monday showing foreign investors reduced their overall holdings of Canadian securities in July had little impact on the market. The report also showed that foreign investment in bonds so far this year is at record-breaking levels. (Reporting by Ka Yan Ng; editing by Rob Wilson) Our Standards: The Thomson Reuters Trust Principles.
c72596ca931fe755300f500649b8b4dd	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN2519943320100125?edition-redirect=ca	CANADA FX DEBT-C$ ends flat after touching 5-week low	CANADA FX DEBT-C$ ends flat after touching 5-week low By Jennifer Kwan0 Min Read * C$ ends at C$1.0581 to US$, or 94.51 U.S. cents * Market wary of making bets before this week's key events * Bond prices mostly lower (Updates to close, adds quote) TORONTO, Jan 25 (Reuters) - The Canadian dollar was unchanged against the U.S. currency on Monday, held up by steady stock markets and oil prices even though buyers were hesitant to make major bets ahead of key events this week. The price of oil, a key Canadian export, climbed above $75 a barrel, in part because of an oil spill in Texas that limited crude oil deliveries to some U.S. refiners. Also supporting the currency, gold prices were slightly higher. [O/R] [GOL/] U.S. stocks managed to eke out a gain in choppy trade as signs U.S. Federal Reserve Chairman Ben Bernanke would win a U.S. Senate vote for a second term helped allay investor concerns after last week's selloff. [.N] "I think it's a bit surprising we perhaps haven't seen a bit more strength on the currency because we have had some move up in gold and also oil looks well bid as well," said Peter Buchanan, senior economist, CIBC World Markets. The Canadian dollar traded in a fairly tight range for most of the afternoon, after fighting back from a session low of C$1.0614 to the U.S. dollar, or 94.22 U.S. cents, its lowest level since Dec. 22. It closed at 1.0581 to the U.S. dollar, or 94.51 U.S. cents, unchanged from Friday. The market -- still rattled by China's moves last week to tighten credit and by the White House plan to limit risk-taking by U.S. banks -- were cautious ahead of Wednesday's interest rate decision by the U.S. Federal Reserve. Also unsettling was uncertainty over Bernanke's fate even though he appeared to be closer on Monday to winning a second term. His term at the Fed ends Jan. 31 [ID:nN25179778] The market was looking for further market guidance from U.S. President Barack Obama's State of the Union address on Wednesday [ID:nN25224485], said Michael Gregory, senior economist at BMO Capital Markets. "No one is taking any big bets either way. It's more the policy and political backdrop that is affecting global markets," he said. "Global financial markets are on tenterhooks. Nobody knows whether to be cheering or chiding and because of that we have mixed performance across the board or little changes." BOND PRICES SOFTER Government bond prices were flat to slightly lower, mirroring moves in the U.S. Treasury market, where debt prices fell as steady U.S. stocks dented the desire for safer government debt. [US/] Investors were also bracing for heavy supply hitting the market south of the border, said BMO's Gregory. "We do have hefty supply this week. That's going to weigh on things," he said. The two-year bond CA2YT=RR was largely unchanged, up just 2 Canadian cents at C$100.13 to yield 1.181 percent, while the 30-year bond CA30YT=RR slipped 10 Canadian cents to C$116.50 to yield 4.002 percent. Canadian bonds outperformed U.S. notes across the curve, with the Canadian two-year bond 36.9 basis points above the U.S. 2-year yield, compared with about 40 basis points in the previous session. (Editing by Peter Galloway) Our Standards: The Thomson Reuters Trust Principles.
5337f95ea80511bed8078e6fe42b4a01	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN2536736020091125?edition-redirect=ca	CANADA FX DEBT-C$ boosted by Russia move and firm commodities	CANADA FX DEBT-C$ boosted by Russia move and firm commodities By Frank Pingue0 Min Read * Canadian dollar at strongest close since Oct. 19 * Russian central bank says it wants to buy C$ * Bonds end little changed across the curve (Recasts) TORONTO, Nov 25 (Reuters) - Canada's dollar ended at its highest closing level in over a month on Wednesday as commodity prices firmed and Russia's central bank said it wants to invest some of its reserves in the currency. The Canadian dollar's surge came as its U.S. counterpart weakened, with solid U.S. economic data and a general increase in risk appetite [FRX/] eroding some of the greenback's safe-haven appeal. Russia's central bank said on Wednesday it was preparing to invest some foreign exchange reserves in Canadian dollars to diversify its portfolio and lessen reliance on the U.S. dollar in international trade. [ID:nGEE5AO19O] A rise in gold prices to a record high and a rally in oil prices of more than 2 percent also helped support Canada's currency since oil and gold are both considered key experts of Canada. [GOL/] [O/R] "Frankly I am a little surprised the Canadian dollar isn't outperforming by even more than it is because when you get right down to it oil prices are extremely favorable to the Canadian dollar right now," said Eric Lascelles, chief economics and rates strategist at TD Securities. "Simultaneously the story about Russia broadening its reserve purchases to Canada would seem to be very much a Canadian dollar-positive development." The Canadian dollar closed at C$1.0455 to the U.S. dollar, or 95.65 U.S. cents, up 1.2 percent from C$1.0580 to the U.S. dollar, or 94.52 U.S. cents, from Tuesday's close. It marked the currency's highest close since Oct. 19. Earlier it strengthened to as high as C$1.0450 to the U.S. dollar, or 95.69 U.S. cents, its highest since Nov. 18. Liquidity in financial markets now is expected to dry up for the remainder of the week given the U.S. Thanksgiving Day holiday on Thursday. Market players often book off on Friday as well for an extended weekend. That likely means the Canadian dollar will stay in a tight range near current levels until next week. "Sometimes you get a bit of jumpiness," said Lascelles. "But I would be inclined think (it will be) flat simply because there isn't going to be all that much market-moving news." BONDS FLAT Canadian bonds were little changed across the curve as a rally in equity markets left investors with little demand for more secure assets like government debt. The two-year Canadian government bond CA2YT=RR rose 6 Canadian cents to C$100.21 to yield 1.154 percent, while the 30-year bond CA30YT=RR was rose 10 Canadian cents to C$119.40 to yield 3.850 percent. The Canadian 10-year bond yield was 1.10 basis point below its U.S. counterpart, compared with 3 basis points below on Tuesday. 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ec3a774d79323c96d1aee72126191cfc	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN2613744720100726?edition-redirect=ca	CANADA FX DEBT-C$ flat as stocks mixed, U.S. data eyed	CANADA FX DEBT-C$ flat as stocks mixed, U.S. data eyed By Claire Sibonney0 Min Read * C$ flat at 96.53 U.S. cents * Bond prices edge lower TORONTO, July 26 (Reuters) - The Canadian dollar traded sideways against its U.S. counterpart on Monday, lacking significant direction as equities were mixed ahead of key U.S. economic data. U.S. stock index futures were flat in advance of new home sales figures later in the morning, while the euro, a recent proxy for risk appetite, erased early gains as caution set in folling Friday's release of European banks' stress test results. [.N] [FRX/] "I think we'll probably see the equity risk sentiment correlation moving around a bit," said Sacha Tihanyi, currency strategist at Scotia Capital. "The futures market in the U.S. is kind of oscillating between gains and losses, not showing us too strong a direction. Europe is kind of mixed so I think it's just a yet-to-be decided kind of sentiment day." Looking to the new home sales, due at 10 a.m. (1400 GMT), economists in a Reuters survey forecast a total of 320,000 annualized units in June compared with 300,000 in May. "It's always going to be a driver particularly of late when we've seen some weakness in the U.S. data and worries about the home sales market ... perhaps just something in the positive territory will be reasonably constructive for risk," added Tihanyi. The next big data events will be domestic and U.S. GDP on Friday. At 8:10 a.m. (1210 GMT), the Canadian currency CAD=D4 was at C$1.0360 to the U.S. dollar, or 96.53 U.S. cents, up from Friday's close at C$1.0361 to the U.S. dollar, or 96.52 U.S. cents. In the short term, key levels to test were seen at C$1.0330 and C$1.0440. Canadian bond prices edged slightly lower as U.S. Treasuries inched higher and outperformed benchmark euro zone debt as investors looked past European bank stress tests and focused on the gloomy economic picture. [US/] The two-year bond CA2YT=RR was 1 Canadian cent lower to yield 1.592 percent, while the 10-year bond CA10YT=RR was down 3 Canadian cents to yield 3.231 percent. (Reporting by Claire Sibonney; Editing by Theodore d'Afflisio) Our Standards: The Thomson Reuters Trust Principles.
cdd200a45ddfbaba94a6771931ae6868	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN2639245620091026?edition-redirect=ca	CANADA FX DEBT-C$ at near 3-week low on weak commodities	CANADA FX DEBT-C$ at near 3-week low on weak commodities By Cameron French0 Min Read * C$ falls 1.4 percent to C$1.0670 to the U.S. dollar * Stock reversal, commodity drop drive currency lower * Canadian bonds mostly weaker, but outperform U.S. TORONTO, Oct 26 (Reuters) - The Canadian dollar dropped to its lowest level in almost three weeks on Monday as commodity prices fell and investors fled risk, keeping a wary eye on the Bank of Canada as they went. North American stock markets reversed early gains as prices for commodities such as oil and gold fell and risk aversion increased, prompting investors to embrace the perceived safety of the U.S. dollar. "Canada's been strongly linked to not only commodity markets but global risk," said Jack Spitz, managing director of foreign exchange at National Bank Financial. Oil fell more than 2 percent to below $79 a barrel on concerns that a sluggish economic recovery will keep global demand low, while gold dropped to a two-week low below $1,040 an ounce. The Canadian dollar often follows the lead of oil and metals prices due to the country's high degree of dependence on resource exports. Adding to the cautious tone, Bank of Canada Governor Mark Carney reiterated a warning he gave last week that the Canadian currency's rally towards parity with the greenback was a risk to growth. [ID:nBAC002343] The currency retreated after Carney's initial warning and his suggestion that the bank might consider intervening in markets to slow the currency's rise. The Canadian dollar ended at C$1.0670 to the U.S. dollar, or 93.72 U.S. cents, its lowest level since Oct. 6. That was down from C$1.0519 to the U.S. dollar, or 95.07 U.S. cents, at Friday's close. "Call it short-covering, call it awareness and respect of Governor Carney, but the Canadian dollar was due for a corrective phase," Spitz said. "I think this is somewhat healthy in as far as the currency had been more or less in a linear movement (higher)." BOND PRICES LOWER Canadian bond prices retreated across the curve, but particularly among longer-dated issues as they took their lead from U.S. Treasuries. Bonds slightly outperformed U.S. debt, which declined ahead of a week that will see billions of dollars of new debt hit the market. "Everybody's worried about U.S. supply this week," said Sheldon Dong, fixed-income analyst at TD Waterhouse Private Investment. The Canadian economic calendar will be quiet until September producer price and raw materials price data are released on Thursday, followed by August gross domestic product on Friday. The two-year bond CA2YT=RR slipped 2 Canadian cents to C$99.41 to yield 1.538 percent, while the 10-year bond CA10YT=RR retreated 35 Canadian cents to C$101.60 to yield 3.551 percent. The 30-year bond CA30YT=RR declined 75 Canadian cents to C$116.25 to yield 4.019 percent. (Reporting by Cameron French; editing by Peter Galloway) Our Standards: The Thomson Reuters Trust Principles.
dbd5363f6125f445b68ea00c28c60807	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN2717133020100127?edition-redirect=ca	CANADA FX DEBT-C$ slips; investors eye U.S. Fed, Obama	CANADA FX DEBT-C$ slips; investors eye U.S. Fed, Obama By Jennifer Kwan0 Min Read * Slips to C$1.0649 per US$, or 93.91 U.S. cents * Investors await U.S. Fed decision, Obama address * Bond prices flat, track U.S. Treasuries TORONTO, Jan 27 (Reuters) - The Canadian dollar sagged on Wednesday, but mixed commodity and equity markets provided little direction and investors were reluctant to make big bets ahead of an interest rate decision by the U.S. Federal Reserve. The price for oil, a key Canadian export, was little changed at around $74.85 a barrel [O/R], while gold prices were slightly softer. [GOL/] Global stock markets fell on Wednesday, hitting their lowest in two months as investors fretted about a monetary squeeze from central banks around the world and also the impact of tightening U.S. banking regulation. [MKTS/GLOB] U.S. stock index futures pointed to a higher open. [.N] At 8:58 a.m. (1358 GMT), the Canadian dollar was at C$1.0649 to the U.S. dollar, or 93.91 U.S. cents, slightly down from Tuesday's finish at C$1.0625 to the U.S. dollar, or 94.12 U.S. cent. Market watchers said the policy and political landscape would likely keep investors cautious. Major events on Wednesday include the rate announcement by the U.S. central bank as well as U.S. President Barack Obama's State of the Union address later in the evening. "It is fairly quiet this morning. This market is waiting for the FOMC meeting and probably the State of the Union address," said Jon Gencher, director of foreign exchanges sales at BMO Capital Markets. Government bond prices were largely flat, in lockstep with U.S. Treasuries, which were little changed as investors were on edge ahead of the outcome of the Federal Reserve's interest-rate meeting and an auction of five-year paper. [US/] (Editing by Jeffrey Hodgson) Our Standards: The Thomson Reuters Trust Principles.
9ad264c5cc8ad6e9b617cd72e2f693bb	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN2723824420100927?edition-redirect=ca	CANADA FX DEBT-C$ slips on soft commodities, U.S. equities	CANADA FX DEBT-C$ slips on soft commodities, U.S. equities By Jennifer Kwan0 Min Read * C$ down at 97.41 U.S. cents * Bonds firmer across curve (Updates to midmorning, adds quote) TORONTO, Sept 27 (Reuters) - The Canadian dollar fell against the U.S. currency on Monday morning, as the greenback recovered earlier losses, while weaker commodity prices and U.S. equities pressured the resource-linked currency. Oil fell below $77 a barrel, while gold shied away from the record high at $1,300 an ounce it reached earlier in the session. [O/R] [GOL/] "Euro was rallying but it stopped just short of an important technical chart level, so that's inspired some of those short U.S. dollar positions to square," said Jack Spitz, managing director of foreign exchange at National Bank Financial. "That, combined with the move lower in the Dow and the S&P, and energy markets have fallen." At 10:51 a.m. (1451 GMT), the Canadian dollar was at C$1.0266 to the U.S. dollar, or 97.41 U.S. cents, down slightly from Friday's finish at C$1.0256 to the U.S. dollar, or 97.50 U.S. cents. Canadian bond prices were slightly higher across the curve, tracking U.S. Treasuries on Monday. [US/] The two-year bond was 7 Canadian cents higher to yield 1.434 percent, while the 10-year bond rose 33 Canadian cents to yield 2.827 percent. (Reporting by Jennifer Kwan; editing by Rob Wilson) Our Standards: The Thomson Reuters Trust Principles.
101995e13706f6a4e65271b0eeb01506	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN2726326920090527?edition-redirect=ca	CANADA FX DEBT-C$ ends lower after hitting 7-month high	CANADA FX DEBT-C$ ends lower after hitting 7-month high By Frank Pingue4 Min Read * C$ breaches 90 U.S. cent level before paring gains * Month-end positioning blamed for retracement * Bond prices knocked lower across curve (Updates to session close) TORONTO, May 27 (Reuters) - The Canadian dollar fell versus the greenback on Wednesday as its brief climb above 90 U.S. cents during the session convinced some traders to reassess their positions heading into the end of the month. The Canadian dollar rallied to its highest level since early October around midday, but late in the session it turned lower and relinquished a chunk of the sharp gains recorded in recent months. “A little bit of a wobble at the end of the session,” said Steve Butler, director of foreign exchange trading at Scotia Capital. “I think the market, getting into month-end, is just a little bit nervous about being too short U.S. dollars.” When the Canadian currency hit its session high of C$1.1098 to the U.S. dollar, or 90.11 U.S. cents, it marked a climb of more than 17 percent from the four-year low below 80 U.S. cents that it fell to in early March. But the Canadian dollar could not hold on to the gains and ended the session at C$1.1195 to the U.S. dollar, or 89.33 U.S. cents, down from C$1.1178 to the U.S. dollar, or 89.46 U.S. cents, at Tuesday’s close. Butler also said another drag on the Canadian dollar was a surge in U.S. Treasury yields as prices dropped even though new debt issues were well received. Investors opted to snap up new debt, which eased fears that the U.S. government deficit had soured foreigners on holding U.S. assets. [ID:nTAR000636] Helping to cushion the Canadian dollar’s latest skid was a rise in the price of oil to a six-month high. [ID:nSYD212068] Oil is a key Canadian export and its price often influences the general direction of the country’s currency. It was higher oil prices and positive signs of a recovering global economy that fueled the Canadian dollar’s rally during the first half of the North American session on Wednesday. A report from TD Securities said it expects the Canadian dollar to reach parity with the U.S. currency due to weakness in the greenback and a view that the economic situation in Canada is relatively attractive from a fundamental point of view. A Canadian dollar has not been worth more than a U.S. dollar since July 2008. BOND PRICES TUMBLE Canadian bond prices ended lower across the curve alongside the bigger U.S. Treasury market due to nagging concerns about growing supply of government bonds. The slide in prices came even after a well-received auction of new five-year notes in the United States and three-year bonds in Canada. Mark Chandler, a fixed income strategist at RBC Capital Markets, said supply concerns were still weighing pretty heavily on the bond market and that he would have expected prices to perform better given the slide in North American equities on Wednesday. The benchmark two-year government bond dropped 11 Canadian cents to C$99.96 to yield 1.270 percent, while the 10-year bond fell C$1.30 to C$101.50 to yield 3.570 percent. The 30-year bond tumbled C$1.65 to C$113.60 to yield 4.172 percent. Canadian bonds outperformed their U.S. counterparts across long end of the curve. The 30-year bond yield was about 47 basis points below the U.S. 30-year yield, compared with about 11 basis points on Tuesday. (Editing by Peter Galloway) Our Standards: The Thomson Reuters Trust Principles.
e125a38e181e9fa5e6ff6de71d1b8644	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN2749768220090727?edition-redirect=ca	CANADA FX DEBT-C$ hits highest level since Oct 2008	CANADA FX DEBT-C$ hits highest level since Oct 2008 By Frank Pingue0 Min Read * Greater risk appetite sparks C$ rally * Rise follows 3 percent rise last week * Bond prices stuck lower across curve TORONTO, July 27 (Reuters) - The Canadian dollar rallied to its highest level in over nine months versus the U.S. dollar on Monday morning as a general appetite for riskier assets helped support commodity-linked currencies. The Canadian dollar rose as high as C$1.0778 to the U.S. dollar, or 92.78 U.S. cents, which marked its highest level since Oct. 3. It backed off slightly but remained above the previous session's close. "It's part of a broader risk appetite move that is supporting the Canadian dollar," said Matthew Strauss, senior currency strategist at RBC Capital Markets. "We're just seeing a general follow through from last week. It's a continued belief that we've seen the worst of the crisis and that a slow recovery is materializing." At 8:00 a.m. (1200 GMT), the Canadian unit was at C$1.0792 to the U.S. dollar, or 92.66 U.S. cents, up from C$1.0829 to the U.S. dollar, or 92.34 U.S. cents, at Friday's close. The rise in the domestic currency follows its 3.1 percent climb last week and came alongside rallies in commodity-linked currencies like the Australian dollar. Oil prices rose to their highest level in more than three weeks, while gold shot to a new 6-1/2 week high. The domestic currency's direction is often influenced by oil and gold prices given the nature of Canada's exports. Canadian bond prices, with no domestic data to consider, were pinned lower across the curve as the recent arrival of upbeat earnings results lessened the appeal of more secure assets like government debt. With no domestic data due out until later in the week, Canadian bond prices will likely take their direction from the bigger U.S. Treasury market and from equities. (Editing by Theodore d'Afflisio) Our Standards: The Thomson Reuters Trust Principles.
5b38f04c9522a5e899ce96dc99eaed64	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN2826287620110428?edition-redirect=ca	CANADA FX DEBT-C$ firms vs struggling greenback, election weighs	CANADA FX DEBT-C$ firms vs struggling greenback, election weighs By 0 Min Read * C$ firms to $1.0542 * Underperforms other commodity-linked currencies * Markets wary of uncertainty as NDP surges in polls * Bonds follow Treasuries higher on weak GDP (Recasts. Adds analyst comment, further details) By Solarina Ho and Claire Sibonney) TORONTO, April 28 (Reuters) - Canada's dollar strengthened against its U.S. counterpart on Thursday, boosted by the greenback's broadbased slide following dovish comments by the U.S. Federal Reserve and underwhelming economic data. The U.S. dollar plumbed a three-year low against a basket of currencies a day after the Fed signaled it would prolong its ultra-loose monetary policy. [FRX/] Concern about the U.S. recovery was reinforced by data on Thursday that showed U.S. GDP growth fell to a weaker-than-expected 1.8 percent annual rate in the first quarter and jobless claims jumped in the latest week. "Part of it is the fact that the U.S. recovery is on track, but it's not a strong recovery," said Charles St-Arnaud, Canadian economist and currency strategist at Nomura Securities International in New York. At 10:06 a.m. (1406 GMT), the Canadian dollar CAD=D4 stood at C$0.9486 to the U.S. dollar, or $1.0542, strengthening from Wednesday's North American finish at C$0.9504 the U.S. dollar. Earlier, it hit C$0.9465, or $1.0565, it's strongest level since April 21, when the currency reached a 3-1/2 year high. Analysts noted the Canadian dollar has underperformed other commodity-linked currencies, but is still expected it to remain firm against a soft U.S. dollar. "We expect to see new lows in USD/CAD as loose monetary policy in the U.S., soon to be tighter policy in Canada, strong Canadian fundamentals, a relatively better Canadian fiscal position, investor sentiment and strong commodity prices all weigh," Camilla Sutton, chief currency strategist at Scotia Capital wrote in a note. The Canadian dollar is still facing the headwind of uncertainty over the May 2 federal election, with support for the left-leaning New Democrats unexpectedly surging. A poll on Wednesday showed support for the second place NDP topping 30 percent and closing in on the Conservatives' lead. [ID:nN28228823] Analysts warned big gains for the party could trigger a knee-jerk drop in the currency and Canadian equity markets as investors fret about NDP plans to raise corporate taxes, spend more and redo energy policy. [ID:nN27126329] While the NDP are perceived to be less business-friendly, St-Arnaud noted its programs are not vastly different and suggested the party's popularity in Quebec over the separatist Bloc Quebecois could also be seen as a positive for international investors wary of another referendum. "The election talk is creating noise more than anything else," said St-Arnaud. He also noted interest rate differentials between Canada and the United States will continue to be supportive. The U.S. central bank is lagging other countries in tightening its monetary policy. The Bank of Canada is widely expected to resume raising interest rates as early as this summer. [CA/POLL] Higher interest rates often support currencies because they tend to attract international capital flows. Canadian bond prices rose across the curve, mimicking U.S. Treasuries following the tepid U.S. GDP data. [US/] The two-year bond CA2YT=RR was up 5.5 Canadian cents to yield 1.748 percent, while the 10-year bond CA10YT=RR gained 26 Canadian cents to yield 3.242 percent. (Editing by Jeffrey Hodgson)
663757bf050d7a1174d5a7669bbb2f8e	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN2834801120090728?edition-redirect=ca	CANADA FX DEBT-C$ weakens as US consumer confidence weighs	CANADA FX DEBT-C$ weakens as US consumer confidence weighs By Reuters Staff0 Min Read * C$ retreats from C$1.0750 to the U.S. dollar * Pressured by equity, commodity weakness * Bond prices climb on safe haven bid (Adds details, quote) TORONTO, July 28 (Reuters) - Canada's dollar pulled back from a near 10-month high against the U.S. dollar at midday on Tuesday, dragged down by lower oil prices and retreating equites after a disappointing reading of U.S. consumer confidence. The currency fell back after racing as high as C$1.0750 to the U.S. dollar, or 93.02 U.S. cents, earlier in the day, its highest level since Oct. 3. The currency fell with North American stock markets after a report showed U.S. consumer confidence declined more than anticipated in July, while some quarterly corporate results and forecasts sparked worries about the strength of the recovery.[ID:nN28130084] [ID:nN28129823] "We started to see the markets fade off again once we touched that new high," said Camilla Sutton, currency strategist at Scotia Capital. "With the release of consumer confidence we really saw some weakness out of equities." At 12:51 p.m. (1651 GMT), the Canadian currency was at C$1.0885 to the U.S. dollar, or 91.87 U.S. cents, down from C$1.0811 to the U.S. dollar, or 92.50 U.S. cents, at Monday's close. Weak oil prices also helped to tug the currency lower, while gold and base metals prices were also weak. The Canadian dollar is up about 20 percent since falling to a four-year low in March. "Over the last two weeks, we've seen a tremendous move in the Canadian dollar higher so I think a part of it is just a natural give back," Sutton said. BONDS HIGHER Canadian bond prices, with no domestic economic data to consider until later in the week, followed the bigger U.S. Treasury market higher across the curve as money flowed out of assets perceived to be risky. [ID:nN28419221] "It's all very much connected today," Sutton said. The two-year Canada bond was up 7 Canadian cents at C$99.88 to yield 1.316 percent, while the 10-year bond rose 51 Canadian cents to C$101.91 to yield 3.518 percent. The 30-year bond climbed 95 Canadian cents to C$116.25 to yield 4.024 percent. In the United States, the 30-year Treasury yielded 4.5222 percent. (Reporting by Jennifer Kwan; editing by Peter Galloway) Our Standards: The Thomson Reuters Trust Principles.
294ac3d37c1de6524bca4979202e6dce	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN2924365120101129?edition-redirect=ca	CANADA FX DEBT-C$ edges lower as risk appetite fades	CANADA FX DEBT-C$ edges lower as risk appetite fades By Reuters Staff0 Min Read * C$ dips to 97.97 U.S. cents * Bonds little changed TORONTO, Nov 29 (Reuters) - The Canadian dollar was slightly lower against the U.S. dollar on Monday morning as a rescue package for Irelend agreed to on the weekend failed to lift risk appetite for very long. European Union finance ministers endorsed an 85 billion-euro loan package on Sunday to help Dublin cover bad bank debts and bridge a huge budget deficit. [ID:nTOPNOW6] The news spurred some willingness for risk, helping to push the Canadian dollar as high as C$1.0147 to the U.S. dollar, or 98.55 U.S. cents. But it was about flat by the time the North American session got underway, as European stocks were lower in choppy trading and North American stock index futures indicated a fall to start the new trading week as euro zone worries persisted. "Sentiment started deteriorating in the European session with the market once again focusing on the countries that might still need financial assistance going forward," said Matthew Strauss, senior currency strategist at RBC Capital Markets. At 8:10 a.m. (1310 GMT), the Canadian dollar CAD=D4 was at C$1.0207 to the U.S. dollar, or 97.97 U.S. cents, down from C$1.0200 to the U.S. dollar, or 98.04 U.S. cents, at Friday's close. Strauss said the Canadian dollar may have a quiet session but remain under pressure ahead of this week's heavy slate of key data, which includes growth data for September and the third quarter, as well as November employment data. ECONCA [ID:nN26127869] [ID:nN26125524] The data will be used to help determine the Bank of Canada monetary policy path, although it is unlikely to sway opinion about the central bank's Dec. 7 rate announcement. Markets are pricing in roughly a 94 percent chance of no change in benchmark rates then, according to a Reuters calculation of yields on overnight index swaps, which reflect expectations for the policy rate. BOCWATCH The Bank of Canada recently said it would have to consider any further rate hikes carefully given the patchy global recovery and expected curbs on Canadian growth. For more details, please see: [ID:nN27276109] [CA/POLL] Canadian government bonds were little changed across the curve on Monday, a muted reaction following the Irish bailout news. The two-year government of Canada bond CA2YT=RR dipped 1 Canadian cent to yield 1.673 percent, while the 10-year bond CA10YT=RR fell 13 Canadian cents to yield 3.130 percent. (Reporting by Ka Yan Ng,Editing by Chizu Nomiyama ) Our Standards: The Thomson Reuters Trust Principles.
1bfe44a1e43c1a25d1addad6d8e10b20	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN2927666320101229?edition-redirect=ca	CANADA FX DEBT-C$ hits par in slow trade, cuts gains	CANADA FX DEBT-C$ hits par in slow trade, cuts gains By Reuters Staff0 Min Read * C$ pares gains to 99.98 U.S. cents * Bond prices slide * Canada markets reopen to light trade after break TORONTO, Dec 29 (Reuters) - The Canadian dollar rose above parity with the U.S. dollar briefly on Wednesday in illiquid trade. The Canadian dollar hit a high of 99.75 Canadian cents to the U.S. dollar, matching the level it hit on Tuesday when Canadian markets were shut for an extended holiday break. On Tuesday, the currency traded in a wide range of C$1.0072 to the U.S. dollar, or 99.29 U.S. cents, to 99.75 Canadian cents to the greenback, or $1.0025 -- rising to its strongest since late April. At 8:55 a.m. (1355 GMT), the Canadian dollar had pared gains, sitting at C$1.0002 to the U.S. dollar, or 99.98 U.S. cents, up from Friday's close at C$1.0064 to the U.S. dollar, or 99.36 U.S. cents. Canadian markets were shut on Monday and Tuesday. "I think it's just a flow that probably would have gone through over the past couple of days that is now all going through the market, and you back that up with some illiquidity and we're getting a fairly substantial bounce," said David Watt, senior currency strategist at RBC Capital Markets. The Canadian dollar has reached a one-for-one footing with the U.S. currency a handful of times this year but without any conviction. Monthly foreign exchange surveys by Reuters have consistently found forecasters expect the Canadian dollar to hover near par with the greenback next year, partly as a result of sturdy commodity prices. [CAD/POLL] Expected interest rate increases from the Bank of Canada next year will also support party because a widening interest rate spread over U.S. interest rates is more attractive to investors. Canadian bond prices slumped in light trade, playing catch-up to losses suffered by U.S. Treasuries earlier in the week. Prices were additionally weighed by firmer risk sentiment as North American stock markets looked set to carry on a rally. The two-year bond CA2YT=RR sank 13 Canadian cents to yield 1.761 percent, while the 10-year bond CA10YT=RR lost 61 Canadian cents to yield 3.245 percent. (Reporting by Ka Yan Ng; Editing by Padraic Cassidy) Our Standards: The Thomson Reuters Trust Principles.
cd132134bd6ee88e745ddfe39228d4fa	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN3017275720100430?edition-redirect=ca	CANADA FX DEBT-C$ tumbles factory data, Greece anxiety	CANADA FX DEBT-C$ tumbles factory data, Greece anxiety By Jennifer Kwan0 Min Read * C$ ends at C$1.0158 to the US$, or 98.44 U.S. cents * Canada factory prices down in March * Bond prices higher across the curve (Updates to close, adds quotes) TORONTO, April 30 (Reuters) - Canada's dollar dropped a U.S. cent on Friday, pressured in part by domestic data that suggested inflation would remain tame and as investors shied away from risk due to anxiety over euro zone debt levels. A report on Friday showed the continued appreciation of the currency sent Canadian factory prices down in March from February, which could reduce the pressure off the Bank of Canada to hike rates sooner. [ID:nSCLUFE613] "This morning we got industrial and raw materials price indexes, and both came in below expectation," said Camilla Sutton, currency strategist at Scotia Capital. "The pricing data this morning just hinted there wasn't as much pricing pressure in the pipe as some had expected so putting some downward pressure on CPI expectations." Currencies usually strengthen as interest rates rise as higher rates attract capital flows. Earlier, the currency fell to a low of C$1.0179 to the U.S. dollar, or 98.24 U.S. cents. The Canadian dollar CAD=D4 finished at C$1.0158 to the U.S. dollar, or 98.44 U.S. cents, down sharply from Thursday's close at C$1.0054 to the U.S. dollar, or 99.46 U.S. cents. The currency was down 1.7 percent for the week, the steepest weekly drop since late January. Also weighing on the currency was a slide in U.S. stocks, typically a barometer of broader risk appetite. U.S. stocks fell on Friday to close out their worst week since January as news of a criminal probe into Goldman Sachs GS.N unnerved investors already anxious about the prospects for heavy banking regulation from Washington. [.N] Part of the broader risk aversion is tied to the anxiety around Greece's fiscal situation, said Sutton. "There's certainly a lot of risk going into the weekend, which would imply that people are covering off their outstanding positions so creating a short covering in euro and selling off some of the long Canadian positions," said Sutton. The euro rallied against the U.S. dollar on Friday for a third straight day as expectations that Greece will soon receive emergency aid helped calm investors concerned how Athens will pay its huge debts. [FRX/] The Canadian currency's move lower came as domestic data showed Canada's economy grew an as-expected 0.3 percent in February, its sixth consecutive monthly increase. [ID:nN30135620] BONDS HIGHER Canadian bond prices were slightly higher across the curve, as broader concerns about European sovereign debt levels kept investors on edge. [US/] "It's the general rise in risk aversion. The concerns over Greece have been keeping Treasury yields low," said Kam Bath, fixed income strategist at RBC Capital Markets. The two-year Canadian government bond CA2YT=RR was up 19 Canadian cents to C$99.29 to yield 1.896 percent, while the 10-year bond CA10YT=RR climbed 75 Canadian cents to C$98.75 to yield 3.650 percent. Canadian government bonds mostly outperformed U.S. issues, with the two-year yield 93 basis points above its U.S. counterpart, compared with around 95 basis points the previous session. (Editing by Rob Wilson) Our Standards: The Thomson Reuters Trust Principles.
27e125d3e45ede4f551a97d10c97b54c	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN3029331620101130?edition-redirect=ca	CANADA FX DEBT-C$ stumbles on GDP data, Europe debt woes	CANADA FX DEBT-C$ stumbles on GDP data, Europe debt woes By Jennifer Kwan0 Min Read * C$ ends at 97.41 U.S. cents * Canada growth below forecasts, rates likely on hold * Bonds track U.S. Treasuries higher in safe haven bid (Updates to close, adds quote) TORONTO, Nov 30 (Reuters) - The Canadian dollar fell to a one-month low on Tuesday, pressured by concerns about euro zone debt and weak domestic growth data that suggested the Bank of Canada will be in no rush to raise interest rates. The euro slumped to 2-1/2-month lows against the U.S. dollar as fears about euro zone sovereign debt prompted widespread risk aversion. The U.S. dollar rose broadly, boosted by safe-haven flows and recent evidence of an improving U.S. economy. [FRX/] "The drivers ... continue to be macro issues. As the U.S. dollar rises all currencies weaken against it, including Canada," said Jack Spitz, managing director of foreign exchange at National Bank Financial. Also weighing on the market, figures on Tuesday showed Canada's economy notched its weakest growth rate in a year in the third quarter, while the economy shrank outright in September. [ID:nN30202447] Gross domestic product growth slowed to a 1.0 percent annual rate in the July-September period because of declining exports and a housing downturn. In September, GDP contracted 0.1 percent from August. The median forecast of analysts was for 1.4 percent annualized growth in the quarter and September growth of 0.1 percent. The weak data helped send the Canadian dollar CAD=D4 to a session low of C$1.0286 to the U.S. dollar, or 97.22 U.S. cents, its lowest level since Oct. 28 and down nearly a cent from C$1.0186 to the U.S. dollar, or 98.17 U.S. cents, at Monday's close. The currency finished the North American day at C$1.0266 to the greenback, or 97.41 U.S. cents. It fell 0.6 percent on the month, the first monthly drop in three months. Canada's currency, which traded at par with the U.S. dollar just weeks ago, will struggle to revisit those highs after the surprisingly weak growth data killed the prospect of any near-term Bank of Canada rate hike. [ID:N30264785] Spitz said markets will next scrutinize Friday's Canadian and U.S. jobs data. [ECON/CA] [ECON/US] "Where the bank is more concerned would be on inflation and jobs. It's their mandate ... to keep an accommodative monetary policy until the economy starts to pick up. It's best measured through jobs and inflation," Spitz said. He added the Canadian currency breached a key technical level on Tuesday of C$1.0260 to the U.S. dollar. "Pushing through it now does open the market from a technical perspective (for the U.S. dollar) to test higher," he said, noting the next key level being the 200-day moving average of C$1.0292. BONDS HIGHER Canadian government bonds tracked U.S. Treasuries higher in a flight-to-safety bid that was augmented by the GDP data. The two-year government of Canada bond CA2YT=RR was up 9 Canadian cents to yield 1.610 percent, while the 10-year bond CA10YT=RR rose 13 Canadian cents to yield 3.069 percent. Canadian bonds mostly underperformed U.S. Treasuries across the curve. The Canadian 10-year bond CA10YT=RR was 29.5 basis points above the U.S. 10-year yield, compared with about 26 basis points above on Monday. (Reporting by Jennifer Kwan; editing by Peter Galloway) Our Standards: The Thomson Reuters Trust Principles.
bd1dc92ba04726d1541fb5b1c67c7b69	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAN3050194520090430?edition-redirect=ca	CANADA FX DEBT-C$ surges to highest level since Jan. 9	CANADA FX DEBT-C$ surges to highest level since Jan. 9 By Frank Pingue0 Min Read * C$ rallies as high as 84.29 U.S. cents * Improved market sentiment drives gain * Bond prices stuck lower across the curve (Adds details) TORONTO, April 30 (Reuters) - The Canadian dollar charged to its highest level in nearly four months on Thursday as improved market sentiment helped the domestic currency break through a key technical level. Canada's currency rallied overnight as high as C$1.1864 to the U.S. dollar, or 84.29 U.S. cents, its highest level since Jan. 9, outperforming the other commodity-based currencies like the Australian and New Zealand dollars. By 8:05 a.m. (1205 GMT), the currency retreated slightly to C$1.1899 to the U.S. dollar, or 84.04 U.S. cents, still up comfortably from C$1.2030 to the U.S. dollar, or 83.13 U.S. cents, at Wednesday's close. The domestic currency had followed other commodity-based currencies higher on Wednesday but it was unable to strengthen past C$1.1990, 83.40 U.S. cents, despite several attempts. "A continuation of risk appetite overnight gave the market enough reason to push through that (level) and once it broke through C$1.1990 it played catch up with Aussie dollar and as a result it outperformed overnight," said Matthew Strauss, senior currency strategist RBC Capital Markets. "It just seems the market is looking and reacting to positive data and at the moment events or data that contradict that are simply ignored or only have a minimal impact." Sentiment was upbeat overnight as global equities rallied as investors bet on a stabilization of the world economy and took heart from some upbeat corporate earnings. BOND PRICES LOWER Domestic bond prices were lower across the curve alongside the bigger U.S. Treasury market, adding to the skid during the previous session as U.S. stock index futures were pointing to a rise of more than 1 percent at the open. [ID:nN30501421] Futures were suggesting a higher open given the rash of better-than-expected profits and the U.S. Federal Reserve's comments on Wednesday that the pace of economic deterioration in the United States appeared to be slowing. [ID:nN29410693] "Overseas equity markets were up appreciably and U.S. stock index futures are pointing sharply higher," said Sal Guatieri, senior economist at BMO Capital Markets. "It's all on the Fed's feel-good press statement that suggests the recession may be ebbing." At 8:30 a.m. Canadian gross domestic product figures by industry for February will be released along with reports on producer prices raw materials for March. The two-year Canada bond was down 2 Canadian cents at C$100.53 to yield 0.991 percent, while the 10-year dropped 17 Canadian cents to C$105.50 to yield 3.110 percent. The 30-year bond was off 30 Canadian cents at C$119.75 to yield 3.844 percent. In the United States, the 30-year Treasury yielded 4.069 percent. Our Standards: The Thomson Reuters Trust Principles.
24daaff25003be190bf667b2c8112465	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAS1E78D07W20110914?edition-redirect=ca	CORRECTED - CANADA FX DEBT-C$ cuts losses as euro, shares rise	CORRECTED - CANADA FX DEBT-C$ cuts losses as euro, shares rise By Claire Sibonney0 Min Read (Corrects support level in 6th paragraph to C$0.9950, not C$0.9550) * C$ at C$0.9879 vs US$ or $1.0122 * Bond prices fall across curve TORONTO, Sept 14 (Reuters) - The Canadian dollar dipped against the U.S. dollar on Wednesday but losses were limited by healthier risk appetite reflected in a bounce in the euro and European shares after some positive news for the region's debt crisis. The European Commission said it would soon present options for the introduction of euro area bonds, a development investors saw as a significant step despite German opposition to the idea. [ID:nL3E7KE1P9] "The developments out of Europe continue to be the most meaningful influence in currency valuations," said Jack Spitz, managing director of foreign exchange sales at National Bank Financial. "Overlooked in the broader scheme of things, Canada is trading marginally lower than its close yesterday but it's still not trading with the bid to dollar/Canada that took it above parity earlier on in the week." At 7:56 a.m. (1156 GMT), the Canadian dollar stood at C$0.9879 to the U.S. dollar, or $1.0122 U.S. cents, down from Tuesday's North American session close at C$0.9854 to the U.S. dollar, or C$1.0148. Spitz noted support for the Canadian dollar between C$0.9950 to par with the greenback and resistance around its overnight high of C$0.9845. North American data including domestic capacity utilization, U.S. producer prices, retail sales and business inventories will be watched for further direction in the currency. Canadian bond prices were lower across the curve. The two-year bond CA2YT=RR was down 4 Canadian cents to yield 0.963 percent, while the 10-year bond CA10YT=RR shed 27 Canadian cents to yield 2.230 percent. (Reporting by Claire Sibonney) Our Standards: The Thomson Reuters Trust Principles.
efea63876dae256578792bb24248f4e0	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAS1E78E1OR20110915?edition-redirect=ca	CANADA FX DEBT-C$ stronger as Europe fears ease, stocks rise	CANADA FX DEBT-C$ stronger as Europe fears ease, stocks rise By Andrea Hopkins0 Min Read * C$ ends at C$0.9840 vs US$, or $1.0163 * U.S. dollar seen gaining momentum as Europe weighs * Bond prices slip across the curve TORONTO, Sept 15 (Reuters) - The Canadian dollar ended stronger against the U.S. dollar on Thursday as investors returned to equities, oil and other risk assets, encouraged by signs policymakers are addressing the European debt crisis. Global stocks advanced for a third straight day and the euro gained sharply after the world's leading central banks moved to make funding easier for European banks facing difficulties raising U.S. dollars. [MKTS/GLOB] In another step to alleviate Europe's debt crisis, U.S. Treasury Secretary Timothy Geithner will discuss with European finance ministers the possibility of leveraging the euro zone's bailout fund to make it more effective, sources said. [ID:nL5E7KF1CX]. The moves sent European shares more than 2 percent higher. North American stocks followed suit, with stock indexes on Wall Street and in Toronto closing up more than 1 percent. Canada's currency, which typically follows the direction of U.S. equities, strengthened against the U.S. dollar as investors returned to riskier assets, but analysts said the move could be short-lived. "Markets are adding a little bit of risk," said John Curran, senior vice president at CanadianForex, a commercial foreign exchange dealing firm. "But it still amazes me that people think that the European situation is a short-term thing and might be fixed. Realistically, I think the U.S. dollar is gaining momentum going into risk-aversion mode, where people should be leery about what's going on globally." The Canadian dollar CAD=D4 ended the North American session at C$0.9840 to the U.S. dollar, or $1.0163 U.S. cents, up from Wednesday's North American session close of C$0.9908 to the U.S. dollar, or $1.0093 U.S. cents. In a sign of difficulties ahead, German Chancellor Angela Merkel bluntly rejected euro zone bonds as a solution to Europe's sovereign debt crisis. [ID:nL5E7KF1CX] The news from Europe drowned out a fresh spate of disappointing U.S. data that showed new claims for jobless benefits rose unexpectedly last week and factory activity in the mid-Atlantic region contracted early this month. The data backed the view that the U.S. Federal Reserve would move soon to boost economic growth. [ID:nS1E78E0U8] Separate data showed Canadian factory sales rose twice as much as expected in July, making a recession look less likely as the economy shows signs of picking up in the third quarter after an unexpected slump in the second. [ID:nS1E78E05E] Canadian bond prices slipped across the curve. The two-year bond CA2YT=RR was down 17.1 Canadian cents to yield 1.022 percent, while the 10-year bond CA10YT=RR lost 86 Canadian cents to yield 2.296 percent. (Additional reporting by Claire Sibonney; editing by Peter Galloway) Our Standards: The Thomson Reuters Trust Principles.
eac934c57c9ad05f677161e694e37cd9	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAS1E78K0L420110921?edition-redirect=ca	CANADA FX DEBT-C$ weakens to US$ parity briefly ahead of Fed	CANADA FX DEBT-C$ weakens to US$ parity briefly ahead of Fed By 0 Min Read * C$0.9987 vs US$, or $1.0013 * Briefly touches parity with U.S. dollar * Canada CPI stronger than expected * Focus on FOMC outcome at 2.15 p.m. (1815 GMT) * Bond prices lower, Canada underperforms (Updates with drop to parity, adds comment) By Andrea Hopkins TORONTO, Sept 21 (Reuters) - The Canadian dollar weakened to parity with its U.S. counterpart on Wednesday morning, shrugging off higher-than-expected Canadian inflation data as global markets awaited the outcome of the U.S. Federal Reserve's closely watched policy meeting. The Canadian currency had last touched parity on Sept. 12. Traders said the Canadian dollar was simply catching up to the weakness of other commodity-linked currencies after being temporarily buoyed by the higher-than-expected inflation data. "A lot of other currencies had been weaker overnight. There is a sense of foreboding hanging over markets and Canada sort of avoided it with CPI earlier today, but now we're heading back to the pack," said David Watt, senior currency strategist at Royal Bank of Canada. "I don't think the market necessarily treats the parity mark all that significantly, but obviously Canadians do. But ... we're really just catching up with the market." At 9:18 a.m. (1318 GMT), the Canadian dollar CAD=D4 stood at C$0.9987 to the U.S. dollar, or $1.0013, below Tuesday's North American session close of C$0.9936 to the U.S. dollar, or $1.0064 U.S. cents. It weakened to parity earlier, dropping as low as C$1.0001 to the U.S. dollar, or 99.99 U.S. cents. World stocks drifted lower and the euro also slipped ahead of the Fed's closely watched Federal Open Market Committee (FOMC) policy meeting, with concerns about a possible Greek default weighing on investor sentiment. Those persisting concerns about Greek sovereign debt limited any excitement ahead of the Fed, with Greece and international lenders yet to reach a deal to allow Athens more funds despite some progress. [MKTS/GLOB] The Fed is expected to announce at 2:15 p.m. (1815 GMT) plans to shift its portfolio in favor of longer-dated bonds and so push long-term interest rates - already near historic lows - even lower in a move known as Operation Twist. [ID:nFEDAHEAD] The Canadian dollar briefly pared losses against its U.S. counterpart after Canadian consumer price data came in stronger than expected, but the currency then weakened back to pre data levels, below Tuesday's session close. "We got a little bit of a bounce after a slightly strong CPI data, but really I think the market has got two things on its mind. Number one, comments from (Bank of Canada) Governor (Mark) Carney that were a little more dovish, and more importantly, the FOMC later today," said Steve Butler, director of foreign exchange trading at Scotia Capital. Canadian data showed the annual inflation rate increased to a higher-than-expected 3.1 percent in August, but analysts said this was unlikely to worry the Bank of Canada, which is more concerned about problems in Europe and the United States. Market operators had expected the annual rate to rise to 2.9 percent from the 2.7 percent recorded in July. [ID:nS1E78K04J] Analysts noted the currency briefly strengthened as the inflation report cooled some market speculation that the Bank of Canada will cut interest rates. Overnight index swaps, which trade based on expectations for the central bank's main policy rate, showed that traders priced in lower odds of a rate cut this year or next after the data. BOCWATCH Bond prices were lower across the curve and underperformed U.S. Treasuries. The two-year bond CA2YT=RR was down 4.5 Canadian cents to yield 0.962 percent, while the 10-year bond CA10YT=RR was down 21 Canadian cents to yield 2.220 percent. (Editing by Peter Galloway)
5258c0a168b2f09a084caee415e0345e	https://www.reuters.com/article/markets-canada-dollar-bonds-idCAS1E78R1E220110928?edition-redirect=ca	CANADA FX DEBT-C$ weakens further on euro zone doubts	CANADA FX DEBT-C$ weakens further on euro zone doubts By Andrea Hopkins0 Min Read * C$ falls to C$1.0289 vs US$, or 97.19 U.S. cents * C$ following global equities lower * Bond prices mixed, short end prices firm (Updates, adds analyst comment) TORONTO, Sept 28 (Reuters) - The Canadian dollar weakened further against its U.S. counterpart on Wednesday as riskier assets remained vulnerable to doubts over the ability of European policy makers to stem a debt crisis that threatens to trigger a global recession. Canadian and U.S. stocks fell as sharp declines in metals and energy prices weighed on commodity-related stocks and underscored concerns about the global economy and Europe's festering debt crisis. [.TO] [.N] The European Union confirmed negotiators would return to Greece this week to discuss issuing its next tranche of aid, the latest in a series of developments that have not changed the overall picture of uncertainty in the euro zone. "We're just following equities, really," said Shane Enright, executive director of foreign exchange sales at CIBC World Markets. "We have the German vote on the EFSF tonight and there is also likely to be comments from the troika that's in Greece looking at the financing package. So I think we're going to continue to trade off the back of European headlines between now and when North American markets open tomorrow morning, and probably through tomorrow morning as well." European Union and IMF inspectors will return to Athens on Thursday to decide whether the Greek government has done enough to secure help from its neighbors and avoid a default. Germany suggested a new bailout may have to be renegotiated. For details see [ID:nL5E7KS0AC]. At 2:48 p.m (1848 GMT), the Canadian dollar CAD=D4 was at C$1.0289 to the U.S. dollar, or 97.19 U.S. cents, down from Tuesday's North American session close at C$1.0204 to the U.S. dollar, or 98 U.S. cents. Blake Jespersen, director of foreign exchange sales at BMO Capital Markets, noted significant Canadian-dollar support around C$1.03 and little in the way of resistance until the currency gets back toward parity. "We continue to see very wide price action on any data and any headline, so markets are definitely jittery and liquidity continues to be a bit of a concern," Jespersen said. The U.S. dollar also rose on U.S. economic data that showed businesses stepped up investment spending in August, prompting some economists to raise their forecasts for U.S. economic growth this quarter. [ID:nS1E78R088] Bond prices were mixed. The two-year Canadian government bond CA2YT=RR was up 13.5 Canadian cents to yield 0.95 percent, while the 10-year bond CA10YT=RR fell 38 Canadian cents to yield 2.237 percent. (Additional reporting by Claire Sibonney; Editing by Jeffrey Hodgson) Our Standards: The Thomson Reuters Trust Principles.