Bank of Canada’s meeting

Bank of Canada’s meeting

In the environment of uncertainty caused by trade wars, it is not likely that the Bank of Canada will raise the interest rate. However, every piece of information from the central bank will give new drivers the market sending USD/CAD either up or down. During the meeting at 17:00 MT time on April 18, the BOC Governor will define the nation’s future monetary policy. If the speech is hawkish, the Canadian dollar will be able to gain strength. The regulator’s press conference will start at 18:15 MT time.

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Market updates on August 15

The risk sentiment remains under pressure after the comments by China about the countermeasures against the US tariffs. Thus, the AUD/USD and the USD/JPY pairs will be under our attention.

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