The greenback was last seen up 0.31% to CA$1.4102, the highest level since late July.

US 10-year treasury yields rose to as high as.5.139% Wednesday, the highest since 2007, lifted by higher oil prices and data showing that US business activity continued its acceleration for the fourth straight month. The S&P Global US PMI Composite Output Index advanced from 56.0 in August to 58.4 in September, the fastest expansion since July 2021, a statement said.

Comex gold futures for December edged fell 1.34% to $4,318.30 per ounce.

Oil prices snapped a five-day losing streak. West Texas Intermediate November futures benchmark rose 0.8% to $91.22 per barrel. November Brent crude futures jumped 3% to $102.25 per barrel.

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