The dollar gained as tensions in Russia rattled foreign exchange traders.
For most economists and foreign exchange traders, the Canadian dollar's ability to sustain its strength has been the biggest surprise.
When he left to go to law school, he was a foreign exchange trader for the bank.
Analysts said foreign exchange traders read all the reports as signs pointing to another decline in interest rates.
But in the next breath foreign exchange traders cautioned that there was more sum than substance to the dollar's performance.
Foreign exchange traders said corporations were largely absent from the market yesterday, with most of the activity taking place between banks.
"Two-thirds of the market was out yesterday," one foreign exchange trader in New York said.
Several foreign exchange traders said this would not have been difficult because currency trading can be arcane.
Since 2001, Chris has become an established foreign exchange trader now operating out of Singapore.
But behind all this are foreign- exchange traders, constantly in search of the greatest short-term return on their holdings.