The Canadian dollar eased slightly from its 10-year high versus the US greenback on Wednesday, but most traders expect the currency, which surged 18 percent this year, will extend its torrid climb in 2004.
Domestic bond prices were mostly lower on the last day of the year as long end values followed US Treasuries down after US weekly unemployment claims were lower than expected.
The Canadian dollar slipped to C$1.2965 to the US dollar, or 77.13 US cents, down from C$1.2943, or 77.26 US cents, at Tuesday's session close.
Earlier on Wednesday, the currency popped up as high as C$1.2834, marking its highest level since August 1993.
Markets will be closed on Thursday for New Year's Day.
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