CHICAGO, March 29 (Reuters) - ICE (NYSE:ICE) Canada canola futures firmed slightly on Friday on some end-of-week short-covering by investment funds, traders said.
* The canola market closed below its peak as weakness in the U.S. soybean market weighed on prices.
* May canola futures RSK9 ended 10 cents higher at $455.30 a tonne.
* The contract failed to hold support above its 10- and 20-day moving averages.
* July canola RSN9 was up 10 cents at $462.90.
* Chicago May soybeans SK9 finished 5-1/4 cents lower at US$8.84-1/4 per bushel.
* The Canadian dollar rallied to a one-week high against its U.S. counterpart on Friday as investors reduced bets for a Bank of Canada interest rate cut this year after data showed surprising strength for the domestic economy in January. CAD/
* Malaysian May palm oil futures 1FCPOK9 dropped 0.5 percent.