The Canadian dollar had the first session of recovery versus the greenback and several other major currencies after traders speculated that the current losing streak was not reflecting the present status of the Canadian economy, which is being one of the most resilient among wealthy nations.

The Japanese currency ranked among the best performers in currency markets after several days of losses as stocks declined worldwide, attracting traders to the safety provided by yen-priced assets, and favoring also safer bets in financial markets globally.

The pound reverted its losing trend from last week’s end, specially versus the euro, as traders interpreted the winning streak as inadequate, as U.K. could be starting its first signs of economic recovery.

The Brazilian real, ranking among the best performers in currency markets this year with the Australian and New Zealand dollar, experienced another day of losses as the government may take further action to halt the current national currency rally.

The Canadian currency, which even flirted with parity towards its U.S. counterpart, declined once again today reaching the lowest levels since the beginning of the month, as stocks and commodities impacted the loonie’s attractiveness in a negative way.

The dollar had the best performance in more than a month this Monday as speculations suggested that the current rate, mainly versus the euro, would be to low to sustain, making the greenback to erase much of the losses it posted last week versus the European common currency.

The pound has been one of the biggest losers this year in foreign-exchange markets since several reasons, specially due to an artificial credit bubble that destabilized the British economy when the global slump crushed the world last year, forcing the pound down significantly, mainly versus the euro.

After trading near parity with the U.S. dollar in the beginning of the week, the Canadian dollar fell sharply after the national central bank stressed on the problems a strong currency could cause to the economic recovery of the North American nation.

The dollar had a good performance versus the yen and several other currencies on speculations that the Federal Reserve will consider interest rate hikes before than previously announced.

The yen had a weak performance today losing versus most of the 16 main traded currencies towards the end of this week’s session as increased risk appetite has shunned traders from its safety to seek higher-yielding possibilities in emergent markets and commodity-linked countries.