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CANADA FX DEBT-C$ slightly stronger for 3rd day

Published 2015-11-11, 09:12 a/m
© Reuters.  CANADA FX DEBT-C$ slightly stronger for 3rd day
USD/CAD
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CL
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* Canadian dollar at C$1.3260, or 75.41 U.S. cents
* Canadian and U.S. bond markets closed

TORONTO, Nov 11 (Reuters) - The Canadian dollar strengthened
against its U.S. counterpart on Wednesday, on track for its
third day of small gains after Friday's slump on U.S. jobs data
that raised the likelihood of a December rate hike from the U.S.
Federal Reserve.
At 8:45 a.m. EST (1345 GMT), the Canadian dollar CAD=D4
was trading at C$1.3260 to the greenback, or 75.41 U.S. cents,
compared with Tuesday's official close at C$1.3265, or 75.39
U.S. cents.
U.S. and Canadian bond markets are closed for public
holidays.
* The loonie's strongest level of the session was C$1.3239,
while its weakest was C$1.3281.
* Investors appeared to brush off Chinese data that showed
growth in the world's second-biggest economy was still in low
gear.
* U.S. crude CLc1 prices were down 1.09 percent at $43.73.
Industry data showed an increase in U.S. stockpiles as analysts
pointed to resilient output in the face of lower prices. O/R
* The Canadian dollar was flat or underperforming against
most of its key currency counterparts.

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