CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips

FILE PHOTO: A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto·Reuters
Reuters
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The Canadian dollar strengthened against the greenback on Friday, and the yield on benchmark government debt slipped.

The loonie was trading 0% higher at C$1.363 to the greenback, or 73.37 U.S. cents, after trading in a range of 1.3612 to 1.3638.

Canadian government 10-year bond yields fell 1 basis points to 3.425%. The yield on similar U.S. government benchmark debt rose to 4.2061%.

U.S. August crude futures rose 67 cents to $83.29 a barrel on Friday.

The value of building permits in Canada fell -12.2% in May, Statistics Canada said.