
Nothing can stop us from finding hgh quality trades and impactful news. This market wrap proves it, here’s what you need to know:
Reserve Bank of Canada will announce the interest rate at 17:00 (GMT+3) on Wednesday, September 8.
It's the primary tool the Bank of Canada uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions.
In the past statement on July 14, BAC did not make any changes in the interest rate, but it tightened the government securities purchase rate from 3 to 2 billion Canadian dollars weekly.
At the past conference with the Bank of Canada on July 14, USD/CAD grew by 0.5%.
Canada interest rate, %
Instruments to trade: USD/CAD, CAD/CHF, CAD/JPY
Nothing can stop us from finding hgh quality trades and impactful news. This market wrap proves it, here’s what you need to know:
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