Manufacturing bounce boosts dollar

FOREIGN EXCHANGE The US currency lifted across the board on a report that the Empire State Manufacturing index jumped to 23.91 this month from 10.49 last month

AP , NEW YORK

An article in the Financial Times on Friday suggested that US officials expect China to move next month, ahead of a planned visit to Washington by the Chinese President in September.

Meanwhile, the Canadian dollar fell back after making hefty gains against the greenback in recent weeks. A monetary policy update Thursday reaffirmed the Bank of Canada's hawkish stance on interest rates, but there was an unwinding on Friday of the market's more hawkish expectations.

In late New York trading, the US dollar was trading at C$1.2207, up from C$1.2123.