Tuesday, July 17, 2007

Canada dollar slips on oil, bonds fall

(Reuters) - At 9:15 a.m. , the Canadian dollar was at
C$1.0435 to the U.S. dollar, or 95.83 U.S. cents, down from
C$1.0428 to the U.S. dollar, or 95.89 U.S. cents, at Monday's
session close.




The Canadian dollar muscled past 96 U.S. cents on Monday
for the first time since March 1977, strengthened by
broad-based U.S. dollar weakness, expectations for Bank of
Canada interest rate hikes, and near-record oil prices.


Read more at Reuters.com Bonds News

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