The typical/expected impact on CAD pairs is high.
Recent economic data has been broadly neutral for CAD. The following recent announcements may affect the market reaction to BoC Rate Statement:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Ivey Purchasing Managers Index | Bearish change | 61.9 | 56.4 | ||
| Ivey Purchasing Managers Index s.a | Bullish change | 58.2 | 58.3 | ||
| Average Hourly Wages (YoY) | Bearish change | 2.3% | 2% | ||
| Net Change in Employment | Bullish change | -68.3K | -4.7K | ||
| Unemployment Rate | Bearish change | 6.5% | 6.7% | ||
| S&P Global Manufacturing PMI | Bearish change | 51.5 | 49.6 | ||
| Gross Domestic Product (MoM) | (no change) | 0% | 0% | ||
| BoC Interest Rate Decision | Bullish change | 2.25% | 2.5% |
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Bank of Canada |
| Category: | Central Banks |
| Frequency: | Irregular |