March 9, 2012 / 12:13 PM / 6 years ago

C$ firms to session high after U.S. jobs data

TORONTO (Reuters) - The Canadian dollar turned positive against its U.S. counterpart on Friday after stronger-than-expected U.S. jobs data offset an unexpectedly weak domestic employment number.

The Canadian currency firmed to a session high of C$0.9880 versus the U.S. dollar, or $1.0121 after the U.S. report. This was up from Thursday’s close at C$0.9911 to the U.S. dollar, or $1.0090. Canada’s dollar improved from C$0.9915 just before the U.S. data was released.

Reporting By Jon Cook; Editing by Jeffrey Hodgson

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