By Frederic Tomesco Sept. 19 (Bloomberg) -- Canada’s dollar fell for the first time in three days against its U.S. counterpart on concern Greece may not receive an installment of aid, discouraging demand for higher-yielding assets. “The U.S. dollar is starting to take safe-haven appeal,” David Watt, senior currency strategist at RBC Capital Markets in Toronto, said in a telephone interview. “European leaders don’t seem to be able to come up with any kind of a solution. They’re the gang that can’t shoot straight. That doesn’t help anybody’s confidence.” The Canadian dollar depreciated 0.7 percent to 98.48 cents per U.S. dollar at 8:38 a.m. in Toronto, compared with 97.81 cents on Sept. 16. One Canadian dollar buys $1.0159. The currency rose against the euro, Australian dollar and New Zealand currency. Australia and New Zealand, like Canada, are commodities exporters. Yields on Canada’s 10-year government bonds fell seven basis points, or 0.07 percentage point, to 2.21 percent. The price of the 3.25 percent security maturing in June 2021 rose 66 cents to C$108.99. --Editors: Dennis Fitzgerald, Dave Liedtka To contact the reporter for this story: Frederic Tomesco in Montreal at tomesco@bloomberg.net. To contact the editor responsible for this story: Dave Liedtka at dliedtka@bloomberg.net

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