The Bank of Canada (BoC) is widely expected to leave its policy rate unchanged at 5% in its upcoming meeting, maintaining a hawkish stance in the face of rising inflation. The Canadian Dollar (CAD) has weakened against the US Dollar (USD) since...
Tag - boc - bank of canada
Nothing can stop us from finding hgh quality trades and impactful news. This market wrap proves it, here’s what you need to know:
Microsoft is one step closer to the ATVI acquisition, gold is two steps closer to the moon, and the USD is falling into the abyss. Here’s all you need to know.
The Bank of Canada (BoC) is expected to raise interest rates for the second time in a row on Wednesday, reflecting resilient growth, a tight labor market, and persistent underlying inflation…
Good day, traders! What will the brand-new week bring us? Let’s find out.
Futures for Canada's main stock index rose on Monday, following positive global markets and gains in crude oil prices. First Citizens BancShares Inc's announcement of purchasing the loans and deposits of failed Silicon Valley Bank also boosted investor confidence in the global financial system...
Later today Tiff Macklem, the governor of the BoC (Bank of Canada) is expected to speak at the Riksbank's International Symposium as part of a discussion panel on 'Central Bank Independence'.
The Federal Reserve speeds up its quantitative tightening, and this is certainly bullish news for the USD. At the same time, this is a negative factor for the American stocks, which have entered their seasonally worst month.
USD/CAD is at its lowest level since July. What was the reason?
Quadruple witching is gone and now there are no reasons for the market to hinder. From banks statements and economic data to gas storage reading and Fed’s Powell speech – get ready for active trading.
Last Friday’s NFP was disappointing. The reaction of the markets was astonishing. Will it last longer? Let's find out the main trade opportunities for the upcoming week.
The Bank of Canada releases a monetary policy statement with an update on the interest rate on June 9, at 17:00 MT time.