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.
Pay attention to the BOC statement
The Bank of Canada will publish its statement on July 10, at 17:00 MT time. At the same time, the interest rate will be announced.
We do not anticipate any changes to the current interest rate, which is held at 1.75%. But it would be interesting to hear the tone of the statement by the BOC due to the global uncertainties and dovish statements of other major central banks. Let’s find out whether the bank will support the Canadian dollar.
• If the BOC is hawkish, the CAD will rise;
• If the BOC is dovish, the CAD will fall.
Similar
Will the Canadian dollar rise?
The Canadian monthly GDP is announced on Wednesday at 15:30 MT time.
Will the RBNZ support the kiwi?
The New Zealand interest rate is announced on Wednesday at 03:00 MT time.
Latest news
S&P ASX 200: one step from a breakthrough
The Australian economy has been on a steady recovery path, and now we have a very symbolic confirmation that S&P ASX 200 is about to cross 7000!
Strong USD is back
Jump in to know the latest market news and trade ideas for today!
NZD will be driven by RBNZ
The Reserve Bank of New Zealand will hold a meeting on Wednesday, April 14, at 05:00 MT.
Deposit with your local payment systems
