February 4, 2011 / 1:51 PM / 10 years ago

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

 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.
 Earlier, Canada's currency rallied as Canada's economy
added a higher-than-expected 69,200 jobs in January.
 (Reporting by Ka Yan Ng, Editing by Chizu Nomiyama)

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