TORONTO (Reuters) - The Canadian dollar hit a session high against its U.S. counterpart on Thursday after data showed higher-than-expected private sector job gains in the United States, Canada’s largest trading partner.
Canada’s dollar touched a session high of C$0.9857 versus the U.S. dollar, or $1.0145, minutes after the ADP National Employment Report was released. The currency was trading around C$0.9870, or $1.0132 just before the data.
(This story was refiled to fix day of the week to Thursday in first paragraph)
Reporting by Solarina Ho; Editing by Jeffrey Hodgson