CANADA FX DEBT-C$ static amid dearth of news, steady U.S.-Canada spread

Thu Apr 23, 2015 9:31am EDT
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* Canadian dollar at C$1.2229 or 81.77 U.S. cents
    * Bond prices mixed across the maturity curve

    TORONTO, April 23 (Reuters) - The Canadian dollar remained
little changed against its U.S. counterpart on Thursday, stuck
in rangebound trading following last week's post-data and Bank
of Canada surge, and with no near-term impetus to drive further
    Interest rate differentials, a key driver, have also held
steady this week, adding to the Canadian dollar's listlessness.
The loonie could take its cue from stronger moves in crude
prices and the greenback during the session. 
    * At 9:14 a.m. EDT (1314 GMT), the Canadian dollar 
was trading at C$1.2229 to the greenback, or 81.77 U.S. cents,
almost unchanged from the Bank of Canada's official close of
C$1.2228, or 81.78 U.S. cents on Wednesday.
    * The currency's strongest level of the session was C$1.2216
Its weakest level was C$1.2269.
    * U.S. jobless claims rose 1,000 to 295,000, but underlying
trend continued to indicate an improving labor market.
    * U.S. crude prices were up 1 percent to $56.72,
while Brent crude added 1.69 percent to
    * The Canadian dollar, which was outperforming a number of
its key currency counterparts, is expected to trade between
C$1.2180 and C$1.2300 against the U.S. dollar on Thursday,
according to RBC Capital Markets.
    * Canadian government bond prices were mixed across the
maturity curve, with the two-year's price up 2
Canadian cents to yield 0.669 percent and the benchmark 10-year
 falling 10 Canadian cents to yield 1.508 percent.
    * The Canada-U.S. two-year bond spread was 12.4 basis
points, while the 10-year spread was -45.9.

 (Reporting by Solarina Ho; Editing by Nick Zieminski)