C$ hits strongest since mid-May on robust jobs data

Fri Jun 7, 2013 8:43am EDT
 
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TORONTO (Reuters) - The Canadian dollar hit its strongest level against the U.S. dollar since mid-May on Friday after data showed the Canadian economy added a surprisingly robust 95,000 jobs last month.

At 8:38 a.m. (1238 GMT) the currency was trading at C$1.0186 to the greenback, or 98.17 U.S. cents, compared with C$1.0250 just before the jobs report and C$1.0260 at Thursday's North American close.

(Reporting by Alastair Sharp; Editing by James Dalgleish)

 
Canadian one hundred dollar bills are displayed in Toronto, October 22, 2008. REUTERS/Mark Blinch