The typical/expected impact on CAD pairs is high.
Recent economic data has been moderately bullish for CAD. The following recent announcements may affect the market reaction to BoC Rate Statement:
Previous | Latest | ||||
---|---|---|---|---|---|
Average Hourly Wages (YoY) | (no change) | 3.5% | 3.5% | ||
Net Change in Employment | Bullish change | 7.4K | 8.8K | ||
Unemployment Rate | Bearish change | 6.9% | 7% | ||
Ivey Purchasing Managers Index | Bullish change | 52.3 | 53.8 | ||
Ivey Purchasing Managers Index s.a | Bullish change | 47.9 | 48.9 | ||
BoC Interest Rate Decision | (no change) | 2.75% | 2.75% | ||
S&P Global Manufacturing PMI | Bullish change | 45.3 | 46.1 | ||
Gross Domestic Product (MoM) | Bullish change | -0.2% | 0.1% | ||
Gross Domestic Product (QoQ) | (no change) | 0.5% | 0.5% | ||
Gross Domestic Product Annualized | Bullish change | 2.1% | 2.2% | ||
Current Account | Bullish change | -3.56B | -2.13B |
Country: | Canada |
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Currency: | CAD |
Source: | Bank of Canada |
Category: | Central Banks |
Frequency: | Irregular |