News Snapshot:
The Canadian dollar CADUSD edged lower against its U.S. counterpart on Friday as Treasury yields continued to climb, while a preliminary domestic estimate showed that retail sales fell in September after rebounding more than expected in August. The U.S. 10-year yield rose to a fresh multi-year high, with markets seeing no let-up in monetary policy tightening from the Federal Reserve, causing shares to slip and the U.S. dollar to jump against a basket of major currencies. The Canadian dollar was down 0.2 per cent at 1.3790 to the greenback, or 72.52 U.S. cents, after trading in a range of 1.3752...
