Canadian dollar hits 9-day high as Fed opts for holding pattern
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Canadian dollar hits 9-day high as Fed opts for holding pattern
REUTERS
PUBLISHED 45 MINUTES AGO
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The Canadian dollar strengthened to a nine-day high against its U.S. counterpart on Wednesday as oil prices jumped and the Federal Reserve left interest rates on hold.
The loonie was trading 0.6% higher at 1.4024 per U.S. dollar, or 71.31 U.S. cents, marking its strongest level since July 20.
The Fed left its benchmark interest rate in the 3.50%-3.75% rang…
Read full article at The Globe and Mail ↗
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Jul 29, 2026