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Loonie trades in a range of 1.4015 to 1.4045

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Price of US oil settles 2.4% higher

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Factory sales grow by 3.3% in September

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Bond yields rise across the curve

By Fergal Smith

TORONTO, Nov 14 (Reuters) - The Canadian dollar steadied

against its U.S. counterpart on Friday as oil prices rose and

domestic data supported the Bank of Canada's recent move to

signal its interest rate cutting campaign is on hold.

The loonie was trading nearly unchanged at 1.4025 per

U.S. dollar, or 71.30 U.S. cents, after moving in a range of

1.4015 to 1.4045. For the week, the currency was up 0.2%,

clawing back some ground after it hit a near seven-month low

earlier in November.

Canadian factory sales grew by 3.3% in September from August

on higher sales of transportation equipment, as well as

petroleum and coal products. Analysts had forecast an increase

of 2.8%. Separate data for September showed wholesale trade

increasing by 0.6%.

"The BoC is firmly on hold and data has been on the firmer

side since the conditional pause was enacted late last month,"

strategists at RBC Capital Markets, including Daria Parkhomenko,

said in a note. "Given this and markets awaiting more clarity on

the U.S. economic outlook, USD/CAD is likely to remain

range-bound, with 1.4001 proving to be a sticky support level

this past week."

The price of oil, one of Canada's major exports, settled

2.4% higher at $60.09 a barrel, boosted by supply fears after

the Black Sea port of Novorossiisk halted oil exports following

a Ukrainian drone attack.

The U.S. dollar rose against a basket of major currencies

amid rising expectations the Federal Reserve will hold interest

rates steady in December and after Wall Street clawed back its

earlier declines.

Canadian government bond yields rose across the curve,

tracking moves in U.S. Treasuries. The 10-year was

up 4.2 basis points at 3.228%.