CANADA FX DEBT-Canadian dollar slips as inflation data matches expectations

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    * Canadian dollar weakens 0.2% against the greenback
    * Loonie trades in a range of 1.2540 to 1.2595
    * Price of U.S. oil falls 1.2%
    * Canadian bond yields ease across the curve

    TORONTO, Nov 17 (Businesshala) - The Canadian dollar weakened to
a five-day low against its U.S. counterpart on Wednesday as oil
prices fell and domestic data showed inflation climbing as
expected to the highest since February 2003.
    Canada's annual inflation rate accelerated to 4.7% in
October as energy prices jumped, data from Statistics Canada
showed. The increase matched analysts estimates.             
    The Bank of Canada says inflation risks have increased but
continues to view the recent dynamics as transitory.
            
    The price of oil, one of Canada's major exports, declined
after the International Energy Agency (IEA) and OPEC warned of
impending oversupply and as COVID-19 cases in Europe increased
the downside risks to demand recovery.             
    U.S. crude        prices fell 1.2% to $79.77 a barrel, while
the Canadian dollar        was trading 0.2% lower at 1.2584 to
the greenback, or 79.47 U.S. cents.
    The currency traded in a range of 1.2540 to 1.2595. Last
Friday, it touched its highest level in over five weeks at
1.2604.
    Separate data showed that Canadian home prices were flat in
October from September as a slowdown in housing sales weighed,
although a limited supply of homes for sale could lead to fresh
price escalation.             
    Floods and landslides that have killed at least one person
have cut all rail access to Canada's largest port in the city of
Vancouver, a spokesperson for the port said.             
    Canadian government bond yields were lower across the curve.
The 10-year             eased 2.9 basis points to 1.750%, after
touching its highest since April 2019 at 1.811% earlier in the
day.

 (Reporting by Fergal Smith
Editing by Bernadette Baum)
  
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