By | December 29 2009 6:22 AM

The Canadian Dollar continued climbing against its U.S. counterpart as Crude oil soared and stocks advanced. USD/CAD fell to 1.0425 posting a 4-week high. The pair has a key support at 1.04. A break below this level could lead to a continuance of the downtrend. Overall, USD/CAD traded with a low of 1.0425 and a high of 1.05. No economic data expected today.