The typical/expected impact on CAD pairs is high.
(A summary of the historic trading range after each event is not available for BoC Rate Statement. Please check the candle charts instead.)
The trading range of USDCAD was pips following the most recent BoC Rate Statement.
Recent economic data has been strongly bullish for CAD. The following recent announcements may affect the market reaction to BoC Rate Statement:
Previous | Latest | ||||
---|---|---|---|---|---|
Gross Domestic Product (MoM) | Bullish change | -0.2% | 0.2% | ||
Gross Domestic Product (QoQ) | Bullish change | 0.5% | 0.6% | ||
Gross Domestic Product Annualized | Bullish change | 2.2% | 2.6% | ||
Current Account | Bearish change | -3.62B | -4.99B | ||
Retail Sales (MoM) | Bullish change | 0.2% | 2.5% | ||
Retail Sales ex Autos (MoM) | Bullish change | -0.7% | 2.7% | ||
BoC Consumer Price Index Core (MoM) | Bullish change | -0.3% | 0.4% | ||
BoC Consumer Price Index Core (YoY) | Bullish change | 1.8% | 2.1% | ||
Consumer Price Index (MoM) | Bullish change | -0.4% | 0.1% | ||
Consumer Price Index (YoY) | Bullish change | 1.8% | 1.9% |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | Bank of Canada |
Category: | Central Banks |
Frequency: | Irregular |
The value of BoC Rate Statement has been announced.
Forecast | Actual |