As expected, the Bank of Canada kept interest rates unchanged at 0.75 percent at 10:00 am ET Wednesday. Following the decision, the loonie eased from early highs against its major rivals.

The loonie was trading at 1.2445 against the greenback, 0.9613 against the aussie, 99.23 against the yen and 1.3528 against the euro around 10:04 am ET.

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