CORRECTED-CANADA FX DEBT-Canadian dollar gives back most of weekly rally as stocks slide

 (Removes incorrect trading range for the currency)
    * Canadian dollar falls 1% against the greenback
    * For the week, the loonie gains 0.1%
    * Price of U.S. oil rises 0.2%
    * Canadian bond yields dip across a flatter curve

    By Fergal Smith
    TORONTO, May 1 (Reuters) - The Canadian dollar weakened
against its U.S. counterpart on Friday as stock markets fell and
investors assessed the incoming Bank of Canada governor's stance
on negative interest rates, with the loonie giving back almost
all of this week's rally.
    At 11:46 a.m. (1546 GMT), the Canadian dollar          was
trading 1% lower at 1.4082 to the greenback, or 71.01 U.S.
cents. The currency, which traded in a range of 1.3936 to
1.4103, was on track to rise 0.1% for the week.     
    Canada named Tiff Macklem, a former senior deputy at the
Bank of Canada, as its next central bank governor. He brings
familiarity to the job as well as an interest in the transition
to a green economy.             
    "There has been buzz about his comments about negative
rates. I think that was a coincidence though," said Greg
Anderson, global head of foreign exchange strategy at BMO
Capital Markets in New York.
    "I think that there were flows going through the market
place that would have caused that move (lower in CAD) if there
had not been a press conference," Anderson said.
    The Bank of Canada has slashed interest rates by 150 basis
points since March to 0.25%, the level it sees as the current
    Macklem told reporters that the central bank has "the
possibility of using negative interest rates" in its framework
of unconventional monetary tools but in the current situation he
is "quite comfortable with the effective lower bound where it
    World stocks          pulled back further after U.S.
President Donald Trump's threat to impose new tariffs on China
over the coronavirus crisis.             
    Canada runs a current account deficit and is a major
exporter of commodities, including oil, so the domestic economy
tends to be dependent on the global flow of trade and capital.
    Other commodity-linked currencies, such as the Australian
dollar       , the New Zealand dollar        and the Norwegian
crown        also lost ground.
    U.S. crude oil futures        were up 0.2% at $18.87 a
barrel as OPEC and its allies began a record output cut to
tackle a supply glut weighing on the market due to the
coronavirus crisis.                  
    Canadian bond yields edged lower across a flatter yield
curve, with the 10-year down 1.5 basis points at 0.533%.

 (Reporting by Fergal Smith
Editing by Chizu Nomiyama and Jonathan Oatis)