Canada FX debt - Canadian dollar strengthens, benchmark yield climbs
TLT•Oil prices and housing starts data
U.S. August crude CLc1 futures rose 83 cents to $80.43 a barrel on Thursday.
Canadian housing starts in June fell more than expected to 239,000 units from a revised 253,100 units the previous month, the Canada Mortgage and Housing Corporation (CMHC) said.
A survey of 9 economists polled by Reuters had forecast June housing starts falling to 257.9,000 units.
Canadian dollar and benchmark yield move higher
The Canadian dollar strengthened against the greenback on Thursday, and the yield on benchmark government debt climbed.
The loonie CAD= was trading 0.1% higher at C$1.4028 to the greenback, or 71.29 U.S. cents, after trading in a range of 1.4021 to 1.4053.
Canadian government 10-year bond yields CA10YT=RR rose 4 basis points to 3.571%. The yield on similar U.S. government benchmark debt rose to 4.5915%.
