Loonie advanced versus its major counterparts

Source: Bloomberg
The Canadian dollar strengthened against its major counterparts on Wednesday as U.S. stocks and commodities, such as copper and crude oil, edged higher. The loonie jumped 0.4 per cent to C$1.2397 against the shared currency, and increased by 0.1 per cent to C$1.0114 a U.S. dollar. At the same time, the yields on Canada's 10-year government bonds declined by 0.03 percentage point, to 1.61 per cent.

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