jobless claims numbers released on Thursday, saidAndrew Pyle, investment executive at Scotia McLeod. The greenback was pressured by the data, which showedunemployment benefit rolls swelled to a 26-year high in thelast week of December Meanwhile, bleak retail sales figuresalso weighed. ID:nN08421512December employment data for both Canada and the UnitedStates will be released on Friday "The mood towards the prospect of U.S employment hasdeteriorated further. We're on the eve of what will probably bea disastrous employment report tomorrow morning," Pyle said "That's what's really putting pressure on the U.S. dollarand helping the Canadian dollar."The price of oil CLc1 settled down at $41.70 a barrel onThursday on economic gloom and a buildup in inventories.ID:nSP386989, but it was not a major driver behind theCanadian dollar Canada is a major oil producer and exporter. BONDS MIXED Canadian bond prices were mixed with the short end slightlylower and the long end higher as trade was mixed ahead ofFriday's jobs data. 
Bond bearishness has been a prevalent theme so far in 2009due to worries about oversupply. With a string of weak economic data in recent days, "thereality has set back in that the economy is not going toimprove any time soon," said Sheldon Dong, fixed income analystat TD Waterhouse Private Investment. That is why the employment figures will be so closelywatched, economists and analysts say "I think what it's going to affect is psychology. If numbersare weaker than expected people might put off thoseexpectations," Dong said.

In Canada, figures on Thursday showed purchasing activitycontracted in December ID:nN08533259, but the data's effecton the bond market was negligible, he said. The yield spread between the two-year and 10-year bond was177 basis points, versus 176 at the previous close. The 30-year bond was up 80 Canadian cents to yield 3.664percent. In the United States, the 30-year Treasury yielded3.0479 percent.
(Reporting by Jennifer Kwan; editing by Peter Galloway) Bonds. Legacy Reserves LP to Present At the IPAA Oil and Gas Investment SymposiumMaster Limited Partnership ConferenceMIDLAND, Texas, Jan. 8, 2009 (GLOBE NEWSWIRE) Legacy Reserves LP ("Legacy")(Nasdaq:LGCY), today announced that Steven H. Central Time with a livewebcast, which will be archived and presentation slides will be available onLegacy's website at Presentation slides will be availableapproximately one hour before the presentation.About Legacy Reserves LPLegacy is an independent oil and natural gas limited partnership headquarteredin Midland, Texas, focused on the acquisition and development of oil and naturalgas properties primarily located in the Permian Basin and Mid-continent regionsof the United States.