The Bank of Canada announces its interest rate decision at 10:00 am ET. Economists widely expect the central bank to maintain the benchmark rate at 1.75 percent.

The loonie rose against the aussie, the yen and the euro, but held steady against the greenback ahead of the decision.

The loonie was worth 83.19 against the yen, 1.4538 against the euro, 0.8981 against the aussie and 1.3091 against the greenback at 9:55 am ET.

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