The Canadian dollar traded higher after the U.S. Federal Reserve’s signal of no interest rate cuts next year hurt the greenback but supported American stock markets.
The loonie traded for US75.75¢ compared with an average of US75.57¢ on Tuesday.
The S&P/TSX composite index closed down 11.09 points at 16,939.61.
In New York, the Dow Jones industrial average was up 29.58 points at 27,911.30. The S&P 500 index was up 9.11 points at 3,141.63, while the Nasdaq composite gained 37.87 points at 8,654.05.
The January crude contract was down US48¢ at US$58.76 per barrel and the January natural gas contract was down US2.1¢ at US$2.24 per mmBTU.
The February gold contract was up US$6.90 at US$1,475.00 an ounce and the March copper contract was up US2.4¢ at US$2.79 a pound.