The Canadian dollar grows 0.1% against the greenback Loonie trades in a range of 1.2637 to 1.2690 Price of U.S. oil falls 1.2%; copper gains 1.5% Canadian 10- year yield touched its highest since Aug 11 TORONTO, Sept 17 Reuters - The Canadian dollar edged higher against its U.S. counterpart on Friday as the central bank of top commodity consumer China moved to calm markets, while Canada's 10-year yield climbed to a five-week high on Monday. Copper prices rose after Evergrande Group liquidity injected by the People's Bank of China to ease nerves caused by property giant China's liquidity woes. Canada is a major exporter of commodities, including copper and oil. Copper gained 1.5%, while oil gave some of this week's gains back, falling 1.2% to $71.74 a barrel. The Canadian dollar was trading 0.1% higher at 1,2670 versus the greenback, or $78.93 U.S. cents, after trading in a range of 1.2637 to 1.2690. The loonie was on track to advance 0.1% for the week. Investors awaiting a Federal Reserve interest rate decision in the next week and a Canadian Federal election. Foreign investors are growing more worried that Canada's presidential election could result in a deadlock that hampers Ottawa's response to the COVID 19 pandemic and further slows the economic recovery from the crisis. On Thursday, Fitch Ratings cuts its expected growth rate for the Canadian economy to 5% from 6.6% for 2021. Last year, Fitch demolished one of its triple-A credit ratings in Canada, but S&P Global Ratings and Moody's Investor Service still give Canadian debt the highest rating. The yields of U.S. government bonds were higher across a steeper curve, tracking the move in Canadian Treasury Notes (USDB). The 2009 year touched the highest level since Aug. 11 at 1.289% before dipping slightly to 1.282%, up 4.6 basis points on the day.