Canadian Forex Review: C$ flat

By Commodity News Service Canada

Winnipeg, October 18 – The Canadian dollar closed flat on Friday,
despite the release of favourable Canadian economic data, analysts said.
According to Statistics Canada, the year-over-year consumer price index
for September rose 1.1%, matching August’s increase.
However, losses seen in commodities, including gold and copper, reversed
those gains.
The Canadian currency late in the afternoon was quoted at C$0.9713
(US$1.0295). This compares with Thursday’s late North American quote of
C$0.9715 (US$1.0293).
Canadian bonds finished the week mixed, with the front-end basically
unchanged on Friday, but longer-termed maturities higher due to the US
Treasurys.
Canada’s two-year bond yield is at 1.179% Friday, from 1.176% Thursday,
according to electronic trading platform CanDeal. The 10-year bond yielded
2.532%, from 2.563%.