The Canadian dollar was little changed against its broadly stronger US counterpart on Friday, supported by hopes of a possible end to the US-China trade war and domestic data showing that inflation rose more than expected in December.
At 3:46 p.m. PM EST (2046 GMT), the Canadian dollar was trading nearly unchanged at 1.3277 to the greenback, or 75.32 US cents. It was the only G10 currency not to lose ground against the US dollar.
Canadian government bond prices were lower across the yield curve in sympathy with US Treasuries. The two-year fell 6.5 Canadian cents to yield 1.944 percent and the 10-year declined 29 Canadian cents to yield 2.032 percent. The 10-year yield touched its highest intraday since December 18 at 2.049 percent.
Wall Street and oil prices moved higher after a Bloomberg report said China sought to raise its annual goods imports from the United States by a combined value of more than $1 trillion in order to reduce its trade surplus to zero by 2024.
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