Reuters: US Dollar Report: CANADA FX DEBT-C$ stronger but gains seen limited

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

CANADA FX DEBT-C$ stronger but gains seen limited Nov 6th 2012, 13:12 Tweet Share this Email Print Related Topics Currencies » Bonds News » Bonds » Markets » Tue Nov 6, 2012 8:12am EST * C$ at C$0.9944 to US$, or $1.0056 * Investors waiting on U.S. election, Greek austerity vote By Alastair Sharp TORONTO, Nov 6 (Reuters) - The Canadian dollar strengthened somewhat against its U.S. counterpart on Tuesday but was unlikely to make a major move before investors know who will be the next president of the United States. Europe was also prominent on the list of concerns, as hundreds of thousands of Greeks began a two-day strike against wage and pension cuts which the indebted country's parliament is expected to vote into law on Wednesday. "Markets are waiting for results from the U.S. election and waiting to see what happens in Greece with the austerity package," said David Bradley, a director of foreign exchange trading at Scotiabank. At 8:09 a.m. (1309 GMT) the Canadian dollar was trading at C$0.9944 to the greenback, or $1.0056, compared with C$0.9967, or $1.0033, at Monday's North American close. Bradley said traders would likely keep the currency trading between C$0.9925 and C$0.9975 through the session. The two-year bond was off 1 Canadian cent to yield 1.079 percent, while the benchmark 10-year bond fell 5 Canadian cents to yield 1.768 percent. Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions