By Commodity News Service Canada
WINNIPEG, Feb. 2 (CNS Canada) The Canadian dollar was weaker Friday morning, as the currency markets reacted to solid U.S. jobs data.
At 9:16 CST Friday morning the Canadian dollar was at US$0.8071 or C$1.2390, which compares with Thursday’s North American close of US$0.8138 or C$1.2288.
The U.S. saw employers add 200,000 jobs in January, while wages increased at their fastest annual pace in more than eight years. The jobs data sent the U.S. dollar moving higher at the expense of the loonie.
Declines in crude oil were also bearish for the energy-linked currency.
The TSX was weaker at 9:16 CST, down 173.52 points at 15,688.40.
