Canadian dollar heads for third straight weekly decline on wider yield spreads

By Fergal SmithThe Canadian dollar was on track for its third straight weekly decline against the US dollar on Friday and its steepest since March, as Canadian bond yields fell further below US rates.The loonie FX_IDC:USDCAD was trading 0.1% lower at 1.4152 per US dollar, or 70.66 US cents, after t…