Canadian Dollar sees a thin recovery on Friday amidst choppy post-NFP markets

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• The Canadian Dollar follows a broad-market risk bid to higher ground on Friday.
• Economic data from Canada is thin on Friday, as well as all next week.
• Crude Oil takes a little off the top, paring back recent losses and helping to prop up the CAD.

The Canadian Dollar (CAD) is up on Friday, gaining ground or holding steady across the FX board. Still, gains are thin and the charts remain choppy as investors readjust their positions and expectations after the US Nonfarm Payrolls (NFP) for November surprised to the upside. At the time of writing, the CAD is flat on the day against the US Dollar (USD), while the Loonie’s strongest performance is against the Kiwi (NZD), climbing about six-tenths of a percent.