The Canadian dollar strengthened against the greenback on Tuesday, and yields on major government bonds fell.
It was trading 0% higher against the dollar at C$1.4007, or 71.39 US cents, after trading within a range of 1.3976 to 1.4036.
Canadian government bond yields fell 3.1 basis points to 3.247%. The yield on comparable US government bonds fell to 4.3413%.
U.S. December crude futures fell 19 cents to $68.97 a barrel on Tuesday.
Canada’s annual inflation rate accelerated to 2% in October, up from 1.6% in September, Statistics Canada said. Analysts polled by Reuters had expected an annual rate of 1.9%.
