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Tuesday, December 25, 2007

Canadian Dollar Extends 3-week Highs Versus Greenback [USD/CAD]

Canadian Dollar Extends 3-week Highs Versus Greenback [USD/CAD]
The Canadian dollar extended last week's gains versus the greenback Monday morning, rising to a fresh 3-week high of .987. Trading was relatively subdued, with many market players taking a breather ahead of the Christmas holiday.

Dollar Inches Higher Versus Yen; At Month And A Half Peak [USD/JPY]
The dollar extended its gains from the previous session against the yen just ahead of the opening bell on Wall Street. The greenback advanced to 114.30, its highest level since early November.

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