The typical/expected impact on CAD pairs is high.
The consensus forecast for BoC Interest Rate Decision is 2.75%. A higher value than forecast tends to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The most recent announced value for BoC Interest Rate Decision was 2.75% against a forecast of 2.75%.
Recent economic data has been strongly bearish for CAD. Other recent announcements which may affect the market's interpretation of the next BoC Interest Rate Decision result:
Previous | Latest | ||||
---|---|---|---|---|---|
Ivey Purchasing Managers Index | Bullish change | 53.6 | 55.6 | ||
Ivey Purchasing Managers Index s.a | Bearish change | 55.3 | 51.3 | ||
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 |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | Bank of Canada |
Category: | Interest Rates |
Frequency: | Weekly/week-based |
Australia | RBA Interest Rate Decision | ||
Switzerland | SNB Interest Rate Decision | ||
Eurozone | ECB Rate On Main Refinancing Operations | ||
Japan | BoJ Interest Rate Decision | ||
New Zealand | RBNZ Interest Rate Decision | ||
United Kingdom | BoE Interest Rate Decision | ||
United States | Fed Interest Rate Decision | ||
China | PBoC Interest Rate Decision | ||
India | RBI Interest Rate Decision (Repo Rate) | ||
South Korea | BoK Interest Rate Decision | ||
Mexico | Central Bank Interest Rate | ||
Norway | Norges Bank Interest Rate Decision | ||
Russian Federation | Interest rate decision | ||
Sweden | Riksbank Interest Rate Decision | ||
Turkey | CBRT Interest Rate Decision |