The typical/expected impact on CAD pairs is high.
(A summary of the historic trading range after each event is not available for BoC's Governor Macklem speech. Please check the candle charts instead.)
The trading range of USDCAD was pips following the most recent BoC's Governor Macklem speech.
Recent economic data has been broadly neutral for CAD. The following recent announcements may affect the market reaction to BoC's Governor Macklem speech:
Previous | Latest | ||||
---|---|---|---|---|---|
BoC Interest Rate Decision | (no change) | 5% | 5% | ||
Ivey Purchasing Managers Index | Bullish change | 51.9 | 53.2 | ||
Ivey Purchasing Managers Index s.a | Bullish change | 53.4 | 54.7 | ||
S&P Global Manufacturing PMI | Bearish change | 48.6 | 47.7 | ||
Average Hourly Wages (YoY) | (no change) | 5% | 5% | ||
Net Change in Employment | Bullish change | 17.5K | 24.9K | ||
Unemployment Rate | Bearish change | 5.7% | 5.8% | ||
Gross Domestic Product (MoM) | Bullish change | 0% | 0.1% | ||
Gross Domestic Product (QoQ) | Bearish change | 0.3% | -0.3% | ||
Gross Domestic Product Annualized | Bearish change | 1.4% | -1.1% | ||
Current Account | Bullish change | -7.32B | -3.22B |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | Bank of Canada |
Category: | Central Banks |
Frequency: | Irregular |
The value of BoC's Governor Macklem speech has been announced.
Forecast | Actual |