The Euro advanced against the dollar on Monday in NY, but fell off its earlier highs as the common currency tracked seesawing US equities. Subdued trading because of the holidays in Japan, the US and Canada kept most currencies within tight ranges even as rising risk appetite led investors to bid the $1.48 for part of the day and sent the Canadian dollar to a fresh 13-month high. With no econimic data on Monday's calendar, currencies took their cues from stocks, with strenghtening equites leading to heightened risk appetite and a stregthening of the Euro and other high-yielding currencies. As stocks dipped into the afternoon trading, the euro pulled back.