January 11, 2017 / 2:15 PM / 7 months ago

CANADA FX DEBT-C$ slightly weaker as all eyes on Trump

* Canadian dollar at C$1.3235, or 75.56 U.S. cents
    * Bond prices mostly higher across the maturity curve

    TORONTO, Jan 11 (Reuters) - The Canadian dollar weakened
slightly against its U.S. counterpart early on Wednesday, with
investors bracing for clues about U.S. President-elect Donald
Trump's likely trade, tax and fiscal policy direction at a
morning news conference.
    The loonie, as the currency is colloquially known, has
settled at the strong end of a recent range in the last few
trading sessions.
    At 8:49 a.m. ET (1349 GMT), the Canadian dollar was
trading at C$1.3235 to the greenback, or 75.56 U.S. cents,
weaker than the Bank of Canada's official Tuesday close of
C$1.3227, or 75.60 U.S. cents.
    The currency's strongest level of the session was C$1.3219,
while its weakest was C$1.3255.
    Canadian government bond prices were mostly higher across
the maturity curve, with the two-year up half a
Canadian cent to yield 0.75 percent and the benchmark 10-year
 adding 9 Canadian cents to yield 1.671 percent.
    Prices for oil, a major Canadian export, rose for the first
time in three days following news of Saudi supply cuts to Asia,
but persistent doubt over output reductions and signs of rising
shipments from other producers kept gains in check. 

 (Reporting by Alastair Sharp; Editing by Lisa Von Ahn)

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