By Fergal Smith TORONTO - The Canadian dollar weakened against its U.S. counterpart on Monday as investors bet that the Bank of Canada would continue its easing campaign this week to support an economy threatened by U.

Loonie markets are recovering ground as the Trump administration begins to pivot away from its own tariff policies. Key labor data still looms large at the end of the week with Canadian employment figures and another round of US Nonfarm Payrolls net jobs additions.

A significant impact on Canada's foreign investment inflows could potentially compromise economic growth, creating a bearish outlook for the loonie”

The Canadian dollar weakened against the greenback on Monday, and the yield on benchmark government debt slipped. The loonie was trading 0.3% lower at C$1.4419 to the greenback, or 69.35 U.S. cents, after trading in a range of 1.