February 4, 2011 / 1:51 PM / 6 years ago

CANADA FX DEBT-C$ hits fresh session high after US jobs data

1 Min Read

 TORONTO, Feb 4 (Reuters) - The Canadian dollar extended
gains against the U.S. dollar on Friday, while bond prices held
lower, after a U.S. government report showing employment rose
far less than expected in January.
 The currency CAD=D4 hit a session high at C$0.9838 to the
U.S. dollar, or $1.0165, from C$0.9858 to the U.S. dollar, or
$1.0144, in choppy trade.
 The modest U.S. jobs gains are at odds with other data for
January, which had suggested employment growth was picking up.
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 Earlier, Canada's currency rallied as Canada's economy
added a higher-than-expected 69,200 jobs in January.
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 (Reporting by Ka Yan Ng, Editing by Chizu Nomiyama)

















































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