To Hike or Not to Hike?
Bank of Canada (BOC) will make a statement on December 8, 17:00 GMT+2.
Bank of Canada Meeting & Press Conference
| Canadian central bank raised its benchmark interest rate twice in 2017. At its last meeting in December, Governor Stephen Poloz sounded rather hawkish. At the same time, Canada’s economy has some problems that may make the Bank of Canada (BOC) put off policy tightening. |
| The BOC will announce its rate decision at 17:00 MT time on January 17. The probability of a rate hike at this meeting isn’t high, but traders will watch the central bank’s statement and the following press conference at 18:15 MT time. As a result, there are almost no doubts that USD/CAD will make big moves during these events. |
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Job data for Canada: a relief or another disappointment?
Canada will publish employment change and an unemployment rate on Friday, at 15:30 MT time.
Will the Canadian dollar rise?
The Canadian monthly GDP is announced on Wednesday at 15:30 MT time.
Latest news
The US Retail Sales Update
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
How Will USD React To The US PPI?
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
Will CPI push USD higher?
The US CPI will come out on Wednesday, May 11, at 15:30 MT time (GMT+3).
