The Canadian dollar was trading 0.1% higher at 1.2272 to the greenback, or 81.49 US cents, having traded in a range of 1.2266 to 1.2317. On Friday, it touched its strongest intraday level since February 2018 at 1.2262.
"The rapidly improving economic outlook in the UK amid general dollar weakness may just be the catalyst to move sterling back above 1.40 in the coming weeks," said Commonwealth Bank of Australia analyst Kim Mundy.
To beef up its entertainment content and distribution business, Sony in December said it had agreed to buy AT&T Inc's animation business Crunchyroll, giving it 3 million new subscribers across 200 countries.
News reports about his tax-hike plan dented markets' risk appetite only briefly on Friday but analysts think there could be a bigger reaction if the plan becomes more concrete.
Bitcoin slumped 4.2% to below $50,000, and briefly touched $48,338. It has fallen every day but two since reaching a record high of $64,895.22 on April 14.
The Thomson Reuters/HKEX Global CNH index, which tracks the offshore yuan against a basket of currencies on a daily basis, stood at 96.69, firmer than the previous day's 96.56.
The safe-haven greenback got some respite from a pullback in world stocks from record highs as flare ups in coronavirus infections from India to Canada soured the outlook for a quick global recovery.
The domestic currency market largely ignored the US Treasury Department's decision not to label China as a currency manipulator in the first semi-annual foreign exchange report issued by Treasury Secretary Janet Yellen.