Canadian Dollar Holds Near Four-Week High
The loonie was barely changed at 1.4050 per U.S. dollar, or 71.17 U.S. cents, as investors maintained bets on a Bank of Canada rate hike next week.
The Canadian dollar held near a four-week high against its US counterpart on Wednesday, as investors maintained expectations that the Bank of Canada would raise interest rates at its policy decision next week. The loonie was little changed at 1.4050 per US dollar, equivalent to 71.17 US cents.