The typical/expected impact on CAD pairs is high.
Recent economic data has been moderately bearish for CAD. The following recent announcements may affect the market reaction to BoC Rate Statement:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| BoC Consumer Price Index Core (MoM) | Bearish change | 0.1% | 0% | ||
| BoC Consumer Price Index Core (YoY) | Bearish change | 2.4% | 2.2% | ||
| Consumer Price Index (MoM) | Bullish change | -0.1% | 0.1% | ||
| Consumer Price Index (YoY) | Bullish change | 3% | 3.1% | ||
| Average Hourly Wages (YoY) | Bullish change | 2% | 2.3% | ||
| Net Change in Employment | Bearish change | -41.7K | -68.3K | ||
| Unemployment Rate | Bearish change | 6.4% | 6.5% | ||
| Ivey Purchasing Managers Index | Bearish change | 62.7 | 61.9 | ||
| Ivey Purchasing Managers Index s.a | Bearish change | 64.3 | 58.2 |
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Bank of Canada |
| Category: | Central Banks |
| Frequency: | Irregular |