USD/CAD reversed its direction after slumping to multi-month lows at 1.3134.
Broad-based USD recovery helped the pair erase its early losses.
US Dollar Index stays above 93.50 ahead of FOMC Minutes.
The USD/CAD pair dropped to its lowest level since mid-January at 1.3134 on Wednesday but staged a decisive rebound in the last hour. As of writing, the pair was posting small daily gains at 1.3170