STORY CONTINUES BELOW THESE SALTWIRE VIDEOSThe Canadian dollar weakened against the greenback on Wednesday, and the yield on benchmark government debt slipped.
The loonie was trading 0.3% lower at C$1.3592 to the greenback, or 73.57 U.S. cents, after trading in a range of 1.3533 to 1.3597. Canadian government 10-year bond yields fell 7 basis points to 3.745%. The yield on similar U.S. government benchmark debt fell to 4.2845%.Canadian retail sales fell 0.1% in July from June. Analysts polled by Reuters had expected retail sales to be flat.Excluding autos. retail sales fell 0.8% in July, Statistics Canada said. Analysts had forecast July sales, excluding autos, to be up 0.3%.
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