Canadian Dollar Heads Higher in Currency Trading

Loonie reaches fresh yearly highs on the forex market
The Canadian dollar is significantly higher in currency trading on the forex market today. Even though the greenback is bouncing against other currencies today, it remains lower against the loonie on the forex market.
The Canadian dollar is getting a great deal of help from the fact that employment numbers are better than expected. As a result of this, and other signs that the Canadian economy is stabilizing, the loonie has reached a new high against the U.S. dollar.
It will be  interesting to see if this stronger loonie persists with its currency trading gains, or if things turn around as the general global economy recovers.