Canadian dollar fell against most currencies on Friday, despite a recovery in oil prices as the loonie is considered a commodity currency.
Canada revealed today foreign securities purchases fell by CAD $9.78 billion in April, after a drop by CAD $19.42 billion in March.
To the oil market, West Texas Intermediate crude rose 5.7% to $29.1 a barrel as of 16:05 GMT, after it hit an intraday high of $29.2 and a low of $27.2.
Brent crude climbed 2.7% to $31.9 a barrel, with a high of $32.5 and a low of $30.9.
As of 16:24 GMT, CAD/USD fell by 0.3% to 0.7094, with a high of 0.7138 and a low of 0.7082.