June 2, 2009 – News Today

CANADA FX DEBT-C$ up but retreats from highs; bonds fall

TORONTO, June 2 (Reuters) – The Canadian dollar eked out a
small gain versus the U.S. currency on Monday, but was unable
to hold on to the near eight-month high it hit overnight as
market players took a breather after the currency’s recent

The Canadian dollar, boosted by risk appetite, rallied
overnight to hit C$1.0784 to the U.S. dollar, or 92.73 U.S.
cents, its highest level since Oct. 3, extending the climb it
embarked on after falling to a four-year low in early March.