Canadian dollar turns down after jobs data ( 10_YEAR 2_YEAR TBT TLT BND AGG 30_YEAR UUP UDN FXE FXY TIP DXY EURUSD USDCAD ) (by Deborah Levine)
NEW YORK (MarketWatch) -- The Canadian dollar turned down against its U.S. counterpart on Friday after the Canadian government reported the economy added 18,000 jobs in December. That's a little short of what analysts expected, according to RBC Capital Markets. The unemployment rate edged up to 7.5% as more people participated in the labor market, Statistics Canada said in a release. In December, an increase of 43,000 in part-time work was partially offset by a decline of 26,000 in full-time employment. Against the loonie, the U.S. dollar (cur_usdcad) turned up to 1.0213 Canadian dollars, from about 1.0175 before the data.