C$ dips amid Brexit uncertainty, U.S. recession fears
(Corrects 7th paragraph to reflect upcoming GDP data will be for second quarter not third quarter)
* Canadian dollar falls 0.1% against the greenback
* Price of U.S. oil increases 2.6%
* Canadian bond prices rise across the yield curve
TORONTO, Aug 28 (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Wednesday, extending its pullback from a near two-week high the previous day, as the greenback broadly rose and investors worried about the global economic outlook.
The U.S. dollar rose against a basket of currencies
as British Prime Minister Boris Johnson's move to limit
parliament's opportunity to derail his Brexit plans weighed on
U.S. stocks declined after moves in the U.S. bond market brought back fears of a recession as the trade war between the United States and China drags on.
Canada exports many commodities, including oil, so its economy could be hurt by a slowdown in the global economy.
At 9:39 a.m. (1339 GMT), the Canadian dollar
The decline for the loonie came ahead of the release on Friday of Canada's second-quarter gross domestic product data, which could help guide expectations for next week's Bank of Canada interest rate decision.
Money markets expect the central bank to ease rates by the
end of the year.
Canadian government bond prices were higher across the yield
curve in sympathy with U.S. Treasuries. The two-year
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