Dollar traded a six-week low versus the euro on currency trading as corporate earnings went higher and had traders go for riskier assets.

Canadian dollar reached its highest point versus the American currency since June 11th, as oil rose and interest were kept steady by the Bank of Canada.

U.S. economical decline seems to have slowed down; still the labor market is weak. The Federal Reserve is very likely to maintain interest rates at "exceptionally low levels for extended periods," expressed Fed´s chairman Ben S. Bernanke.

Fed´s chairman expressed before the House Committee on Financial Services that the recession is not quite over, and that job lost is still high and unemployment is still in alarming figures.

Mr. Bernanke also assured his colleagues that the inflation is expected to be a little bit lower this year than in recent years.

Dollar traded at $1.4217 per euro in early New York forex trading, compared to a $1.4231 yesterday. Dollar dropped 0.4 percent reaching 93.83 yen.

Stocks were going strong on Wall Street after a profit gains at Caterpillar and the words of Mr. Bernanke, however weakness in small banks had the stock market fluctuating.