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Canadian dollar weakens, benchmark yield slips

Bull Bear Daily August 22, 2025 1 minute read
2025-08-22T131240Z_2_LYNXMPEL7L0ID_RTROPTP_4_CANADA-ECONOMY-GDP

The Canadian dollar weakened against the greenback on Friday, and the yield on benchmark government debt slipped. 

The loonie was trading 0% lower at C$1.3915 to the greenback, or 71.86 U.S. cents, after trading in a range of 1.39 to 1.3918.

Canadian government 10-year bond yields fell 1.7 basis points to 3.47%. The yield on similar U.S. government benchmark debt fell to 4.3179%.

U.S. October crude futures rose 10 cents to $63.62 a barrel on Friday.

Canadian retail sales rose 1.5% in July from June. Analysts polled by Reuters had expected retail sales growth of 1.5%.Excluding autos, retail sales rose 1.9% in July, Statistics Canada said.  Analysts had forecast July sales, excluding autos, to be up 1.1%.

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