CBC.ca | Loonie hits 4-week high as oil continues recent climb CBC.ca The Canadian dollar rose to a four-week high against the American dollar on Friday as oil prices extended their recent rebound and weak U.S. retail figures pressured the greenback. The loonie gained more than a fifth of a cent to 77.25 cents US at noon ET. Oil price rally propels loonie to four-week high against the U.S. dollar |