Canadian dollar notches biggest gain in 4 months

The Canadian dollar rallied to a two-week high against its broadly weaker US counterpart on Friday as oil prices rose and a deal to end the US government shutdown helped boost stocks. At 4:09 p.m. (2109 GMT), the Canadian dollar was trading 1 percent higher at 1.3221 to the greenback, or 75.64 US cents, which was its biggest gain since September. The currency touched its strongest level since January 11 at 1.3218.
For the week, the loonie rose 0.3 percent despite weak domestic data that prompted some economists to project that Canada's economy contracted in November.