July 17, 2012 / 1:07 PM / 5 years ago

CANADA FX-C$ firms as BoC holds tightening bias

TORONTO, July 17 (Reuters) - The Canadian dollar rose slightly against the U.S. currency on Tuesday after the Bank of Canada held rates steady at 1 percent and maintained its tightening bias.

The Canadian dollar rose to C$1.0140 against the U.S. dollar, or 98.62 U.S. cents, from about C$1.0150 just before the announcement. The Canadian dollar ended Monday’s North American session at C$1.0147 against the U.S. dollar, or 98.55 U.S. cents.

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