Bank of Canada Meeting

Bank of Canada Meeting

The Bank of Canada will publish its rate statement at 17:00 MT time on December 6. This document contains commentary on the overall performance of Canada’s economy and offers clues about future monetary policy decisions. This release has a great impact on the exchange rate of the Canadian dollar.
The central bank raised rates in July and September but policymakers have said since then that while less stimulus would be required over time, they would be cautious about future rate moves. If this cautious tone persists, the CAD will suffer and it will be time to buy USD/CAD. 
cad

Similar

British employees will face new hit to spending power in 2018

UK employees are expected to face another hit to their spending power next year, while the vast majority of their peers in the world's other well-developed economies will enjoy small gains, as human resources company Korn Ferry informed on Tuesday…

Popular

Bank of Canada Meeting

The Bank of Canada will publish its rate statement at 17:00 MT time on December 6…

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera