CANADA FX DEBT-Canadian dollar falls as inflation data within expectations - NewsBreak

(Adds strategist quote and details throughout; updates prices) * Canadian dollar weakens 0.3% against the greenback * Touches weakest level since Oct. 6 at 1.2609 * Price of U.S. oil falls 3.2% * Canadian bond yields ease across the curve By Fergal Smith TORONTO, Nov 17 (Reuters) - The Canadian dollar weakened to its lowest level in nearly six weeks against the greenback on Wednesday, as oil prices fell and domestic data, that showed inflation rising in line with expectations, contributed to a drop in Canadian bond yields. The loonie was trading 0.3% lower at 1.2600 to the greenback, or 79.37 U.S. cents, after touching its weakest intraday level since Oct. 6 at 1.2609. Canada's annual inflation rate accelerated to 4.7% in October, its highest level since February 2003, as energy prices jumped. The increase matched analysts estimates. The data "has weighed on front-end Canadian bond yields as the print fell in line with expectations at a time when CPI releases are generally surprising t