TORONTO - The Canadian dollar was slightly higher Wednesday ahead of the mid-afternoon release of the U.S. Federal Reserve's latest policy statement and economic projections.

TORONTO - The Canadian dollar closed sharply lower Wednesday after the U.S. Federal Reserve said that it would maintain the pace of a key stimulus program.

TORONTO - The Canadian dollar was higher Wednesday as the new governor of the Bank of Canada used his first major speech since taking over to call on business to show confidence and start spending.

The Canadian dollar fell as its U.S. peer gained versus most other currencies after Federal Reserve Chairman Ben S. Bernanke said risks to the economy have decreased and policy makers could end bond purchases in the middle of next year.

TORONTO -- The Canadian dollar surged Thursday as a heavy selloff of the U.S. dollar lifted a variety of currencies. The loonie closed up 0.81 of a cent to 97.47 cents US after earlier surging as high as 98.06 cents US.

TORONTO�The Canadian dollar lost some ground against the U.S. dollar Tuesday as currency markets consolidate ahead of a key Federal Reserve meeting announcement.

TORONTO -- The Canadian dollar erased early gains to move lower late morning Wednesday amid higher commodity prices and positive economic data from Europe.

TORONTO - The Canadian dollar was lower Monday amid generally quiet trading as U.S. markets were closed for the Memorial Day holiday and traders looked ahead to the Bank of Canada's next announcement on interest rates.

Video: How much higher can U.S. stocks go? The loonie, as the dollar coin is known in Canada, has lost more than 4 per cent this year, which puts the currency �exactly in the middle of the pack,� said senior economist Benjamin Reitzes of BMO Nesbitt Burns.

TORONTO - The Canadian dollar was higher Monday as traders look for clarity on whether the U.S. Federal Reserve thinks economic conditions are favourable enough to start easing up on some stimulus.