The BOE meeting: a ray of hope for the GBP?
The Bank of England will release its monetary policy summary and announce the interest rate on September 19, at 14:00 MT time.
Will the Bank of Canada shake the loonie?
The bank of Canada will make its monetary policy statement and announce the official rate on April 24, at 17:00 MT time.
We anticipate the interest rate to remain unchanged at 1.75%. However, the Bank of Canada governor Stephen Poloz may throw some hints on the possible changes to the monetary policy of the bank in the future amid the global uncertainties. As the rumors about the possible rate cut keep circulating, it would be interesting to hear the opinion of the BOC governor. Moreover, his comments will likely affect the performance of the Canadian dollar.
• If the BOC is hawkish, the Canadian dollar will go up;
• If the BOC is dovish, the Canadian dollar will go down.
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The market awaits the Fed decision
The Federal Open Market Committee will publish its statement and announce an official rate on September 18, at 21:00 MT time.
Market updates on September 12
ECB meeting is on the agenda. Will the EUR get weaker?
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Market updates on September 20
We've got some positive news for the British pound and we are awaiting the release of the core retail sales for Canada at 15:30 MT.
Oil spikes on the tweet by Iran's foreign minister
The tweet by Iran's foreign minister increased the possibility of tensions in the region. It pushed the oil prices up.
Market updates on September 19
The European trading session will be highlighted by the events for the British pound. Traders will pay special attention to the BOE meeting at 14:00 MT.
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