The typical/expected impact on CAD pairs is high.
(A summary of the historic trading range after each event is not available for BoC Rate Statement. Please check the candle charts instead.)
The trading range of USDCAD was pips following the most recent BoC Rate Statement.
Recent economic data has been moderately bullish for CAD. The following recent announcements may affect the market reaction to BoC Rate Statement:
Previous | Latest | ||||
---|---|---|---|---|---|
Average Hourly Wages (YoY) | Bearish change | 5% | 4.8% | ||
Net Change in Employment | Bullish change | -2.2K | 90.4K | ||
Unemployment Rate | (no change) | 6.1% | 6.1% | ||
Ivey Purchasing Managers Index | Bullish change | 63 | 65.7 | ||
Ivey Purchasing Managers Index s.a | Bullish change | 57.5 | 63 |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | Bank of Canada |
Category: | Central Banks |
Frequency: | Irregular |
The value of BoC Rate Statement has been announced.
Forecast | Actual |