Capital and Risk, Macroeconomic
January 25, 2024
Via: DailyFXYesterday the Bank of Canada (BoC) kept rates unchanged in line with broad expectations. However, the bank did signal that interest rates have peaked via a change in the wording of the January 24th statement. The committee decided to move […]
December 6, 2023
Via: DailyFXUSD/CAD (U.S. dollar – Canadian dollar) retained a negative bias on Wednesday after the Bank of Canada voted to keep interest rates unchanged at 5.0%. While the decision to maintain the status quo was largely anticipated, the BoC left the […]
July 10, 2023
Via: DailyFXThe Bank of Canada will announce its July monetary policy decision on Wednesday. Markets expect the central bank to raise borrowing costs by 25 basis points to 5.0%, the highest level since 2001, as part of the ongoing fight against […]
September 9, 2022
Via: DailyFXBIG MISS ON CANADIAN EMPLOYMENT HAS MARKETS FAVORING USD After the Bank of Canada (BoC) hiked interest rates by 75bps on Wednesday, CAD bulls built up a head of steam prior to today’s labor release. Markets overexuberance in the dollar […]
December 14, 2021
Via: DailyFXOvernight, the Bank of Canada (BoC) agreed to extend the 2% annual inflation mandate, which was set to expire on January 1. This allows BoC policymakers more flexibility in combating rising prices while waiting for the economy to absorb labor […]