Canadian dollar hit its high consecutive day versus the American counterpart on forex trades, on the longest winning period since May last year.

Despite the lower start on Wall Street this morning the advanced on global stocks has increased investors ´appetite for risk.

According to The New York Times, "Microsoft reported Thursday after the market closed that its revenue fell short of analysts’ expectations. Amazon.com also reported weaker-than-expected sales."

Loonie has led a 2.8 percent gain for the past five days. This would represent a second straight weekly advanced, after falling for six weeks back in July 10th.

Canadian currency rose to C$1.0834 per U.S. dollar, remaining the best performer against the greenback this month. According to Bank of Canada Governor Mark Carney a stronger currency versus the greenback is "an important break of growth."

Euro also had a great performance as "European shares climbed for a 10th session after a better-than-expected German sentiment survey and improved data on the euro zone services and manufacturing sectors."