CANADA FX DEBT-C$ dips as pickup in coronavirus cases weighs on sentiment

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    * Canadian dollar falls 0.1% against the greenback
    * Loonie trades in a range of 1.3527 to 1.3596
    * Price of U.S. oil decreases 0.9%
    * Canadian bond yields rise across a steeper yield curve

    TORONTO, June 24 (Reuters) - The Canadian dollar weakened
against its U.S. counterpart on Wednesday as signs of
acceleration in coronavirus cases worried stock market investors
and weighed on the price of oil, one of Canada's major exports.
    Global shares          fell as a rising number of
coronavirus cases in the United States, China, Latin America and
India dampened hopes of a swift recovery in the global economy. 
    U.S. crude        prices were down 0.9% at $39.99 a barrel,
pressured by record high inventories as well as worries about a
second wave of the pandemic.             
    The Canadian dollar        was trading 0.1% lower at 1.3559
to the greenback, or 73.75 U.S. cents. The currency traded in a
range of 1.3527 to 1.3596.
    On Tuesday, the loonie touched its strongest intraday level
in nearly two weeks at 1.3482 before turning lower as investors
worried that Washington could reimpose tariffs on Canadian
aluminum.             
    Canadian house prices will rise at a much slower pace this
year than predicted only three months ago and will fall in 2021
as the coronavirus pandemic pushes up unemployment, curtailing
immigration and the demand for homes, a Reuters poll showed on
Wednesday.             
    Canadian government bond yields were higher across a steeper
yield curve, with the 10-year             up 3.6 basis points at
0.584%.

 (Reporting by Fergal Smith; editing by Jonathan Oatis)
  

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