Canadian dollar edges higher

The Canadian dollar edged higher against the greenback on Friday as news of an outline agreement to aid debt-burdened Greece lifted investor confidence. But recent lackluster US economic data, including Friday's US consumer confidence data, have weighed on the Canadian dollar, whose health is heavily linked to the US economy because of the close trading relationship between the two countries.
The currency ended the day at C$0.9802 to the US dollar, or $1.0202, firming from Thursday's North American finish of C$0.9832 to the US dollar, or $1.0171. It finished the week down 0.2 percent. During the day it rose as high as C$0.9776 to the US dollar.