January 9, 2015 / 1:52 PM / 5 years ago

C$ hits weakest level in five and a half years on U.S., Canada jobs

The new Canadian five and 10 dollar bills, made of polymer, are displayed with the previously released 20, 50 and 100 dollar notes following an unveiling ceremony at the Bank of Canada in Ottawa April 30, 2013. REUTERS/Chris Wattie

TORONTO (Reuters) - The Canadian dollar retreated to its weakest level in more than 5-1/2 years following North American jobs data, which showed Canada lost 4,300 jobs in December and the United States added 252,000.

The Canadian dollar CAD=D3, which had briefly traded near its strongest level of the session, hit $1.1887 vs the greenback, or 84.13 U.S. cents. This was sharply weaker than just prior to the data and to Thursday’s close of C$1.1836, or 84.49 U.S. cents.

Reporting by Solarina Ho; Editing by Chizu Nomiyama

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