* Canadian dollar weakens 0.1% against the greenback
* For the week, the loonie was down 0.9%
* Price of U.S. oil increases 1.5%
* Canadian bond prices fall across the yield curve
TORONTO, Nov 1 (Reuters) - The Canadian dollar weakened
against its U.S. counterpart on Friday, extending this week's
decline, after data showing stronger-than-expected U.S. jobs
growth boosted the greenback.
At 9:16 a.m. (1316 GMT), the Canadian dollar was
trading 0.1% lower at 1.3177 to the greenback, or 75.89 U.S.
cents. The currency traded in a range of 1.3142 to 1.3196.
On Wednesday, the loonie hit a near two-week low at 1.3210
after the Bank of Canada left its benchmark interest rate on
hold at 1.75% but opened the door to easing over the coming
months. For the week, the loonie was down 0.9%.
The U.S. dollar rose against a basket of major
currencies on Friday after U.S. job growth slowed less than
expected in October, with the drag from a strike at General
Motors offset by gains elsewhere.
Meanwhile, Speaker Nancy Pelosi said on Thursday that the
U.S. House of Representatives is making progress every day
toward approving the trade agreement President Donald Trump
worked out with Canada and Mexico.
The United States-Mexico-Canada Agreement (USMCA) would
replace the $1 trillion North American Free Trade Agreement
(NAFTA). Canada sends about 75% of its exports to the United
States, including oil.
The price of oil rose on Friday on signs of progress in
U.S.-China trade talks and a surprise bounce in Chinese
manufacturing activity. U.S. crude oil futures were up
1.5% at $55.00 a barrel.
Canadian government bond prices were lower across the yield
curve in sympathy with U.S. Treasuries, with the two-year
down 5 Canadian cents to yield 1.542% and the 10-year
falling 22 Canadian cents to yield 1.435%.
On Thursday, the 10-year yield hit a near three-week low
intraday at 1.399%.
(Reporting by Fergal Smith)
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