Canadian dollar jumps; Canada adds 69,000 jobs *PIC*

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Canadian dollar jumps; Canada adds 69,000 jobs (C_CAD, $DXY) (by Deborah Levine)

NEW YORK (MarketWatch) -- The Canadian dollar jumped on Friday against its U.S. counterpart after the Canadian government said the economy added 69,000 jobs in January. Statistics Canada said the unemployment rate rose 0.2% to 7.8% as more people searched for work. The employment increase was evenly split between full-time and part-time jobs, the government said. Strategists at RBC Capital Markets said the market expected hiring to be closer to 15,000. The U.S. dollar (C_CAD) fell about 0.4% to buy 98.64 Canadian cents.

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