TORONTO (Reuters) - The Canadian dollar finished lower versus the U.S. currency Friday but managed to recoup nearly all the steep losses it suffered early in the session when data showed the economy lost jobs in April.
Canadian bond prices finished just a touch higher despite an early boost from the weak jobs data and soft U.S. data that sparked hopes for a rate cut by the U.S. Federal Reserve.
The Canadian dollar closed at $1.1122 to the U.S. dollar, or 89.91 US cents, down from $1.1112, or 89.99 US cents, at Thursday's close.
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