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CANADA FX DEBT-Canadian dollar climbs to 5-month high ahead of GDP data

the prospect of Federal Reserve interest rate cuts, touched

* Canadian dollar rises 0.1% against the greenback

* Price of U.S. oil increases 0.2%

* Canadian bond prices dip across the yield curve

TORONTO, June 28 (Reuters) - The Canadian dollar strengthened to a near five-month high against the greenback on Friday but the move was small ahead of domestic data that could help guide expectations for Bank of Canada interest rate decisions.

At 8:07 a.m. (1207 GMT), the Canadian dollar was

trading 0.1% higher at 1.3086 to the greenback, or 76.42 U.S. cents. The currency, which has been boosted over the last week its strongest intraday level since Feb. 1 at 1.3085. For the month, the loonie is on track to rise 3.3%. A Reuters poll showed that economists expect gross domestic product, due for release at 8:30 a.m. (1230 GMT) to rise 0.1% in April after climbing 0.5% in the prior month. The Bank of Canada has pointed to evidence that Canada's economy is recovering after a slow down around the turn of the year. World shares were steady as uncertainty ahead of a meeting on trade between U.S. President Donald Trump and Chinese President Xi Jinping deterred traders from making bold directional bets. Canada is a major exporter of commodities, including oil, so its economy could benefit from reduced uncertainty for global

trade. U.S. crude oil futures were up 0.2% at $59.56 a

barrel. Canadian government bond prices edged lower across the yield curve in sympathy with U.S. Treasuries. The two-year fell 1.5 Canadian cents to yield 1.463% and the 10-year was down 2 Canadian cents to yield 1.476%. On Thursday, the 10-year yield touched its highest intraday in more than two weeks at 1.522%.

(Reporting by Fergal Smith Editing by Nick Zieminski)