CANADA FX DEBT-C$ weaker as oil slips

Published 2015-08-17, 10:02 a/m
CANADA FX DEBT-C$ weaker as oil slips
LCO
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CL
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CA2YT=RR
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CA10YT=RR
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* Canadian dollar at C$1.3126, or 76.18 U.S. cents
* Bond prices higher across the maturity curve

TORONTO, Aug 17 (Reuters) - The Canadian dollar weakened
against the greenback on Monday as the price of oil slipped and
investors faced some key domestic data due at the end of the
week.
* At 9:52 a.m. EDT (1352 GMT), the Canadian dollar CAD=D4
was trading at C$1.3126 to the greenback, or 76.18 U.S. cents,
weaker than the Bank of Canada's official close on Friday of
C$1.3092, or 76.38 U.S. cents.
* The currency's strongest level of the session was
C$1.3091.
* Foreign investment in Canadian securities picked back up
in June as portfolio adjustments saw investors push into the
money market, data from Statistics Canada showed.

* Investors are also awaiting inflation and retail sales
data due on Friday. .
* U.S. crude CLc1 prices were down 1 percent to $42.08,
while Brent crude LCOc1 was unchanged at $49.19. Oil prices
were hit by data that showed the Japanese economy contracted in
the second quarter.
* Canadian government bond prices were higher across the
maturity curve, with the two-year CA2YT=RR price up half a
Canadian cent to yield 0.408 percent and the benchmark 10-year
CA10YT=RR rising 27 Canadian cents to yield 1.364 percent.
* The Canada-U.S. two-year bond spread was -29.8 basis
points, while the 10-year spread was -79.3 basis points.

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