By Chris Fournier Nov. 5 (Bloomberg) -- Canada's currency depreciated against its U.S. counterpart for the first time in three days after declines in European stocks, U.S. equity-index futures and crude oil, signaling a decrease of risk appetite. ``Today's move would be because of the reversal in equities as well as the reversal in commodities, but more importantly the reversal in equities,'' said Matthew Strauss, a senior currency strategist at RBC Capital Markets Inc. in Toronto. ``That indicates some risk aversion is returning to the market after yesterday's decent rally, which is passing through into a weaker Canadian dollar.'' The Canadian dollar fell as much as 1.4 percent to C$1.1663 per U.S. dollar, from C$1.1502 yesterday. It traded at C$1.1550 at 8:27 a.m. in Toronto. One Canadian dollar buys 86.57 U.S. cents. Europe's Dow Jones Stoxx 600 Index lost 2.1 percent to 228.50. Crude oil for December delivery declined as much as $3.47, or 4.9 percent, to $67.06 a barrel on the New York Mercantile Exchange. Prices for crude, which accounts for a tenth of Canada's export revenue, have tumbled 54 percent since reaching a record $147.27 on July 11. To contact the reporter on this story: Chris Fournier in Montreal at cfournier3@bloomberg.net

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