buy replica designer christian louboutins
* C$ firms to C$0.9852, or $1.0150
* Bond prices weaker across the curve
By Solarina Ho
TORONTO
buy replica designer christian louboutins , June 28 - The Canadian dollar was firmeragainst the U.S. dollar on Tuesday, amid optimism that asolution could be reached over Greece's sovereign debt.
France's President Nicolas Sarkozy said French banks hadreached a draft agreement with the authorities for banks toroll over Greek debt. [ID:nL6E7HS1H7] [ID:nLDE75P0BM]
While the news settled investor nerves, the currency stilltraded within in a tight range ahead of parliamentary votes inAthens this week to approve unpopular austerity measures thatare a precondition for international aid.
"The overall theme is, it's not specifically the Canadiandollar. Obviously it's global concerns," said John Curran,senior vice president at CanadianForex, a commercial foreignexchange dealing firm.
"Even if we do get something positive out of Greece, it'sgoing to be short lived. In the back of people's minds, there'sa lot of caution in these markets."
Oil, a key Canadian export, provided some support as pricesrose on the news over Greece, but gains were capped with oilheading for its worst month in a year. [O/R]
At 8:45 a.m. (1245 GMT), the currency CAD=D4 stood atC$0.9852 to the U.S. dollar, or $1.0150, firmer than Monday'sNorth American close of C$0.9867 to the U.S. dollar, or$1.0135.
Investors will continue to monitor key data for furtherhints on the economic recovery, with U.S. data, includingconsumer confidence
buy replica designer christian louboutins , expected later on Tuesday and Canadianinflation data expected on Wednesday.
"CPI -- it has the possibility to make people think therecould be a rate hike. There's not a chance," said Curran. "Evenif inflation numbers are high
buy replica designer christian louboutins , it's an opportunity to sellhigh. If anything, I think what you'll see is there will bestronger negative reaction to poor numbers than there would beto a positive, just in this backdrop."
Canadian bond prices were mostly lower across the curve asinvestors dipped back into riskier assets.
The two-year bond CA2YT=RR slipped 5 Canadian cents toyield 1.429 percent
Youth NFL Jerseys, while the 10-year bond CA10YT=RR gaveback 15 Canadian cents to yield 2.924 percent. (Reporting by Solarina Ho, Editing by Chizu Nomiyama)Currencies
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