The Canadian dollar firmed against most currencies in volatile trade, after the Bank of Canada cut interest rates a quarter point, compared with some market speculation of a half-point reduction.
However, the currency's gains were limited as the central bank also gave a heavy hint of further loosening to come.
At 14.20 GMT the US dollar was a touch weaker against its Canadian counterpart, at 1.0320 cad from around 1.0345 just before the announcement.
The Canadian dollar was also firming against the euro, pound and yen.
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