November 24, 2016 / 3:02 PM / a year ago

CANADA FX DEBT-C$ steadies against greenback as oil edges higher

* Canadian dollar at C$1.3496, or 74.10 U.S. cents
    * Bond prices lower across the yield curve

    TORONTO, Nov 24 (Reuters) - The Canadian dollar was
unchanged against its U.S. counterpart on Thursday as the
greenback trimmed some recent gains against a basket of major
currencies and oil edged higher.
    A modest pullback for the U.S. dollar came amid
thinner volumes, with U.S. markets closed for the Thanksgiving
holiday.
    Oil prices firmed ahead of next week's meeting of the
Organization of the Petroleum Exporting Countries (OPEC) to
discuss implementation of its proposed cap on production. 
    U.S. crude prices were up 0.17 percent to $48.04 a
barrel. Oil is one of Canada's major exports.
    At 9:45 a.m. EST (1445 GMT), the Canadian dollar 
was trading at C$1.3496 to the greenback, or 74.10 U.S. cents,
unchanged from Wednesday's close.
    The currency's strongest level of the session was C$1.3477,
while its weakest was C$1.3535.
    The loonie touched last week its weakest in eight months at
C$1.3589.
    The number of non-farm payroll jobs was up 65,200 in
September, following a decline of 12,600 in August, Statistics
Canada said.
    Canadian government bond prices were lower across the yield
curve, with the two-year down 2.5 Canadian cents to
yield 0.678 percent and the benchmark 10-year 
falling 30 Canadian cents to yield 1.57 percent.
    On Wednesday, the 10-year yield touched its highest intraday
since December at 1.614 percent.
    Bond yields have been rising since the U.S. election as
investors bet that President-elect Donald Trump will pursue
policies that boost inflation.

 (Reporting by Fergal Smith; Editing by Lisa Shumaker)

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