* Canadian dollar weakens 0.1% against the greenback
* Loonie trades in a range of 1.3275 to 1.3303
* Price of U.S. oil increases by 1.8%
* Canada's 10-year yield touches a near three-week high at
1.566%
TORONTO, Dec 2 (Reuters) - The Canadian dollar weakened
against its U.S. counterpart on Monday, adding to its November
decline as investors worried about a potential escalation of
global trade conflicts and awaited a Bank of Canada interest
rate decision this week.
Stock markets reversed earlier gains after U.S. President
Donald Trump said he would restore tariffs on some imports from
Brazil and Argentina, overshadowing data showing that the
Chinese and euro zone economies were stabilizing. [nL8N28C2PV]
The Bank of Canada, which is expected on Wednesday to leave
its benchmark interest rate at 1.75%, has expressed concern
about global trade uncertainty.
The loonie has been pressured since October by a more dovish
stance from the central bank.
At 9:04 a.m. (1404 GMT), the Canadian dollar
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