Canadian dollar up after Bank of Canada decision ( UST10Y UST2YR TLT TBT BND AGG UST5YR EURUSD UUP UDN FXE FXY USDYEN DXY ) (by Deborah Levine)
NEW YORK (MarketWatch) -- The Canadian dollar jumped versus its U.S. counterpart on Tuesday after the Bank of Canada hinted that it could resume raising interest rates if the economy continues expanding. "Although the BoC left interest rates unchanged at 1%, they are preparing the market for a resumption of tightening," said Kathy Lien, director of currency research for GFT. The U.S. dollar (c_cad) fell 1% to buy 96.61 Canadian cents.