Canadian Dollar Plays A Little Catch-Up, Rises To Best Level In Nearly 7 Weeks

Kenneth Cheung/iStock via Getty Images Overview The US dollar is narrowly mixed against the G10 currencies. The Canadian and Australian dollars lead the advancers, while the Scandis are pacing the losers off 0.1-0.2% in quiet turnover. Most the freely accessible emerging market currencies are sporting softer profiles today, the Chinese yuan among them. However, most Asia-Pacific currencies are firmer. Benchmark 10-year yields were softer in the Asia-Pacific region in mostly a catch-up to the 8-basis point decline in 10-year US Treasury yield yesterday. The 10-year JGB yield of about 0.74% is 10 bp off its recent highs. European and US…