The Canadian dollar strengthened to a near 5-week high against its U.S. counterpart on Monday as the prospect of U.S. trade tariffs grew less imminent and a Bank of Canada survey showed that firms are beginning to anticipate improved activity. The loonie was trading 1.1% higher at 1.4325 per U.S. dollar, or 69.81 U.S. cents, after touching its strongest intraday level since Dec. 17 at 1.4262.

https://www.msn.com/en-ca/money/topstories/canadian-dollar-jumps-as-canada-avoids-immediate-u-s-tariffs/ar-AA1xx9CR?