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The Canadian dollar reached today level more height in five months versus the dollar of the United States in the prediction that the central banks around the world reduce their interest rates, while the central bank of Canada keep rates unchanged.

David Watt, the Royal Bank of Canada, senior currency strategist said:

We have general aversion to the euro, the dollar and other currencies in the world of industry and investors are looking for more signal to countries with fewer structural impediments such as central banks ease further.The commodity countries are gaining, and the economic strength of Canada provides a bullish backdrop.

Mark Carney, Governor of the Bank of Canada, were raised on September 8 interest rates for the third time in a fila.La last week said that further increased "should be considered carefully".

The Canadian currency was also driven by crude oil export from Canada principal.Futuros November for the delivery of crude oil rose 0.6 percent to 83.33 dollars per barrel, the highest level since May 4.

USD/CAD decreased from 1.0175 to 1.0107 as of 17: 46 GMT, after falling to 1.0062, the lowest level since April 30.EUR/CAD has dropped to intraday 1.3990 before rebounds to 1.4071.

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