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