* Canadian dollar strengthens 0.1% against the greenback
* Trades in a range of 1.3572 to 1.3608
* Price of U.S. oil settles 0.3% lower
* Canadian bond yields ease across flatter curve
TORONTO, March 27 (Reuters) – The Canadian dollar
strengthened on Wednesday against its U.S. counterpart but the
move was limited as investors awaited domestic gross domestic
product data that could guide expectations for the start of Bank
of Canada interest rate cuts.
The loonie was trading 0.1% higher at 1.3575 to the
U.S. dollar, or 73.66 U.S. cents, after trading in a range of
1.3572 to 1.3608.
It was the third straight day of little movement for the
currency since Friday when it touched a three-month low at
1.3614.
“We run a fair model and that fair value model is basically
bang on where the market is right now. So I feel like everything
is in balance at this point,” said Amo Sahota, director at
Klarity FX in…
