Investing.com - The U.S. dollar edged lower against its firming Canadian cousin after upbeat jobs data north of the border hit the wire earlier Friday.
In U.S. trading, USD/CAD was down 0.08% at 1.1175, up from a session low of 1.1160 and off a high of 1.1222.
The pair was likely to find support at 1.1077, Thursday's low, and resistance at 1.1271 last Friday's high.
Statistics Canada reported earlier that the number of employed people rose by 74,1000 in September, blowing past expectations for an increase of 20,000, after a decline of 11,000 the previous month.
The report also showed that Canada's unemployment rate fell to 6.8% last month from 7.0% in August. Analysts had expected the unemployment rate to remain unchanged in September.
Meanwhile in the U.S., import prices fell 0.5% in September from August, better than market calls for a 0.7% contraction, though still a decline nonetheless, a sign a stronger dollar and a softer global economy could water down inflationary pressures in the U.S.
Earlier this week, the Federal Reserve suggested rate hikes might not come as quickly as markets gave been expecting.
Still, the dollar saw some support that limited losses against the loonie, as demand for the safe-haven greenback remained solid after the International Monetary Fund cut its global economic growth forecasts for the third time this year on Tuesday and warned that the recovery remains weak and uneven.
Elsewhere, the Canadian dollar was up against the euro, with EUR/CAD down 0.66% at 1.4129, and up against the pound, with GBP/CAD down 0.55% at 1.7952.