USD/CAD Moves Down After Data

USD/CAD is trading higher Friday morning at 1.2717, up 0.0027 and has moved down a little after U.S. PPI and Canadian Jobs Data. Trading is still range-bound and now active. February Canadian employment was down 1k vs. January's +35.4k; market talk that expectations were for a decline of -5k. The Canadian Unemployment rate moved up 0.2 percent to 6.8 percent.