As expected, the Bank of Canada maintained the benchmark rate at 0.25 percent. The loonie rose slightly against its major rivals after the decision.

The loonie was trading at 80.53 versus the yen, 1.5581 versus the euro, 1.3186 versus the greenback and 0.9588 versus the aussie around 10:04 am ET.

US Dollar vs CAD (FX:USDCAD)
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US Dollar vs CAD (FX:USDCAD)
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