The Canadian dollar has dipped against its U.S. counterpart following the Bank of Canada's decision to hold its key interest rate at five per cent. Here's what it means for Canadians. How is the Loonie doing? As of midday, it was trading at 72.55 cents to the U.S. dollar, compared with 72.83 cents on Tuesday. It was trading above 75 cents U.S. as recently as July, while the current level is approaching a brief low of 72.43 cents US hit in March. It also traded in the 72-cent range last October, and dipped below 69 cents US in March 2020 in the early days of the pandemic. It traded above 82 cents US in May 2021. Who ... (full story)