Canadian Dollar Gains on Better-Than-Expected Job Growth

The Canadian dollar gained 0.1 percent on its US counterpart by 7:15 a.m. in Toronto on Friday to C$1.0730 from C$1.0744 yesterday. The loonie receive a boost on a jobs report from Statistics Canada showing that the economy gained 43,000 jobs in January, dropping the overall unemployment rate to 8.3 percent from 8.5 percent.

Source: Bloomberg

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