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CANADA FX DEBT-Canadian dollar leads G10 peers as U.S. stimulus hopes rise

    * Canadian dollar gains 0.2% against greenback
    * Loonie trades in range of 1.2781 to 1.2858
    * Price of U.S. oil rises 2.6%
    * Canadian bond yields rise across curve

    TORONTO, Feb 2 (Reuters) - The Canadian dollar strengthened
against its U.S. counterpart and all the other G10 currencies on
Tuesday, as oil prices climbed to a one-year high and the
prospect of more U.S. economic stimulus bolstered risk appetite.
    Global stock markets gained for a second straight day as
U.S. President Joe Biden appeared poised to push forward with
his proposed $1.9 trillion pandemic relief plan even if it fails
to draw Republican support, while retail investors retreated
from video game retailer GameStop Corp         and their
new-found interest in silver       .             
    Canada sends about 75% of its exports to the United States,
including oil. U.S. crude        prices were up 2.6% at $54.92 a
barrel after major crude producers showed they were reining in
output roughly in line with their commitments.             
    The Canadian dollar        was trading 0.2% higher at 1.2822
to the greenback, or 77.99 U.S. cents, having traded in a range
of 1.2781 to 1.2858.
    It was one of just three G10 currencies to gain ground
against the greenback. The New Zealand dollar        and the
Norwegian crown        both edged 0.1% higher.   
    Canadian house prices will continue their upwards march this
year, outpacing inflation after hitting record highs in 2020,
according to a Reuters poll of property market analysts who said
the risk of a COVID-19 resurgence derailing activity was low.
            
    Canada's employment report for January is due on Friday,
which could help guide Bank of Canada interest rate
expectations.
    Canadian government bond yields were higher across the curve
in tandem with U.S. Treasuries. The 10-year             rose 3.1
basis points to 0.914%, approaching the 10-month high it touched
on Friday at 0.922%.

 (Reporting by Fergal Smith
Editing by Paul Simao)
  
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