Market News
Canadian dollar lags G10 peers amid geopolitical drama - REUTERS
By Fergal Smith
- Canadian dollar falls 0.1% against the greenback
- Trades in a range of 1.4011 to 1.4075
- Price of U.S. oil rises 3>#/li###
- Ten-year yield rises 1.8 basis points
TORONTO, Dec 3 (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Tuesday and posted larger declines against some other major currencies as political uncertainty in South Korea rattled investor sentiment.
The loonie weakened 0.1% to 1.4060 per U.S. dollar, or 71.12 U.S. cents, after moving in a range of 1.4011 to 1.4075.
It was the only G10 currency to lose ground against the greenback as the euro clawed back some of Monday's sharp decline, which was driven by political turmoil in France.
