The Canadian dollar strengthened against its US counterpart on Friday, recovering from an earlier one-week low as the US jobs report pointed to solid economic growth but tame inflation that could keep the Federal Reserve from raising interest rates. At 4:00 pm (2000 GMT), the Canadian dollar was trading 0.4% higher at 1.3425 to the greenback, or 74.49 US cents. The currency's strongest level of the session was 1.3406, while it touched its weakest since April 26 at 1.3492.
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