After a weak performance throughout 2001 and 2002, the Loonie rebounded in 2003. Financial analysts predicting a 70-cent dollar (US) by yearÂ’s end were forced to revise their projections, as a high-flying Loonie surpassed the 72-cent mark by mid-May. Experts disagree on high the Canadian dollar will climb before peaking. 
Mapleleafweb.com has a series of articles that explore the Canadian dollarÂ’s recent rise: 
How is the Canadian Dollar Measured? 
The Benefits and Drawbacks of a Strong Canadian Dollar 
Internal and External Influences on the Canadian Dollar 
Why is the US Dollar Weakening? 
International Pressures on the US Dollar 
Future Trends for the Canadian Dollar