The Canadian dollar made an unexpected turn on Wednesday morning after the Bank of Canada announced it would keep its overnight rate at 2.25 per cent.
This decision caused the loonie to climb higher, reaching US$0.7209 or US$1=C$1.3872 as of 8:55 am CDT.
The United States Dollar Index slipped by 0.132 of a point to 99.510 following this announcement.
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