“ The Canadian dollar weakened on Wednesday after topping 99 U.S. cents overnight as the hard-hit greenback rebounded from its Fed-driven losses, while Canadian inflation data were slightly lower than expected.
Canadian bond prices followed U.S. treasuries lower. At 9:20 a.m. (1320 GMT), the currency was at C$1.0160 to the U.S. dollar, or 98.43 U.S. cents, down from C$1.0138 to the U.S. dollar, or 98.64 U.S. cents, at Tuesday’s close.
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Canadian bond prices followed U.S. treasuries lower. At 9:20 a.m. (1320 GMT), the currency was at C$1.0160 to the U.S. dollar, or 98.43 U.S. cents, down from C$1.0138 to the U.S. dollar, or 98.64 U.S. cents, at Tuesday’s close.
