The Canadian dollar weakened on Thursday against the greenback with a fall in oil prices, but losses were muted a day after the Canadian budget as investors grappled with an uncertain outlook for the policies of US President Donald Trump. The Canadian dollar ended at C$1.3351 to the greenback, or 74.90 US cents, weaker than Wednesday's close of C$1.3327, or 75.04 US cents.
"Traders are looking for further direction from either the oil market or from the equity market and risk appetite as Trump and the Republicans try to pass their healthcare bill," said Scott Smith, chief market strategist, associate portfolio manager at Viewpoint Investment Partners.
The currency traded in a range of C$1.3317 to C$1.3357.
Canadian government bond prices were mixed across the yield curve, with the two-year flat to yield 0.775 percent and the 10-year falling 5 Canadian cents to yield 1.688 percent.
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