US dollar advanced the most against the yen in two months in Forex Trading Online, after a rumor about the central bank of Japan would pursue other central banks in the world to increase interest rates because the global recession is coming to a potential end.

The Dollar Index recovered from a 14-month low against its basket of six currencies; Ben Bernanke (Federal Reserve Chairman) said yesterday that policy makers are ready to raise borrowing costs trough interest rates once the economy improves. Financial markets moves strongly after each Bernanke´s announcement.

Canadian dollar was the biggest gainer versus the U.S. currency amongst major counterparts because Canadian employers added more jobs in September than economists foresaw. The Loonie rose to the highest price in a year and short-term government bonds prices fell, all of these positive signs for any currency in the world.

The Canadian currency growth was the biggest five-day advance since July; there is a strong speculation about Canada as one of the first economies to emerge from world recession.