Canada dollar holds gains after Canadian securities purchase data

Fri Nov 16, 2012 8:46am EST
 
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TORONTO (Reuters) - The Canadian dollar held on to early gains against the U.S. currency on Friday after data showed foreigners increased their purchases of Canadian securities in September to C$13.92 billion from C$7.56 billion in the previous month.

The currency traded at C$1.0003 to the U.S. dollar, or $0.9997, slightly firmer than its North American close on Thursday at C$1.0013 versus the U.S. dollar, or 99.87 U.S. cents. (Reporting by Jeffrey Hodgson and Solarina Ho Editing by W Simon)