February 1, 2012 / 3:03 PM / 6 years ago

Canadian dollar firms on China, Europe data

TORONTO (Reuters) - The Canadian dollar firmed above parity with the U.S. currency on Wednesday as commodity prices were boosted by encouraging manufacturing data from China and Germany and as Greece inched closer to a debt deal.

The Canadian dollar rose as high as C$0.9971, close to Tuesday’s three-month high of C$0.9966. It finished January at C$1.0028 to the U.S., or 99.72 U.S. cents, up 1.7 percent for the month to register its first monthly rise since October.

Reporting By Jon Cook; Editing by Peter Galloway

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