The typical/expected impact on CAD pairs is high.
Recent economic data has been strongly bearish for CAD. The following recent announcements may affect the market reaction to BoC Rate Statement:
Previous | Latest | ||||
---|---|---|---|---|---|
Average Hourly Wages (YoY) | Bearish change | 4% | 3.5% | ||
Net Change in Employment | Bearish change | 1.1K | -32.6K | ||
Unemployment Rate | Bearish change | 6.6% | 6.7% | ||
S&P Global Manufacturing PMI | Bearish change | 47.8 | 46.3 | ||
Gross Domestic Product (MoM) | Bullish change | 0.3% | 0.4% |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | Bank of Canada |
Category: | Central Banks |
Frequency: | Irregular |