We saw not much of a reaction to the Canadian data, but a little bit of a pop after the U.S. data came out, but on balance we haven't really moved.

We saw a little bit of our home in flames, but not a lot.

Since Friday, we've seen the Canadian dollar do very well against the crosses, particularly against the euro and the sterling. That seems to be driving most of the Canadian dollar gains right now.

Just given the fact the market wasn't able to push the Canadian dollar above that 12-year high that was set last November, I think that caused a few people to look at taking some profits on some of their long Canadian dollar positions.

My first reaction was that it seems to me they are fixin' something that ain't broke. I never saw anything wrong with it to start with.

We saw consolidation of the gains in the Canadian dollar from last Friday.