When is the BoC monetary policy decision and how could it affect USD/CAD? – by hareshmenghani BOC InterestRate Recession USDCAD Currencies
About the BoC Interest Rate Decision
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USD/CAD declines towards weekly low at around 1.3340 ahead of BoC’s interest rate policyThe USD/CAD pair has dropped to near 1.3367 gradually in early Asia after failing to shift its auction above the round-level resistance of 1.3400. The
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USD/CAD hovers around 1.3375 ahead of the BoC’s decisionThe USD/CAD erases some of its earlier losses, climbs toward the 1.3370 region after briefly touching its daily low of 1.3342, ahead of a crucial week
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USD/CAD consolidates ahead of BoC and key dataUSD/CAD is flat on the day after travelling between a low of 1.3346 and a high of 1.3413 so far while US stocks have been volatile making for choppy t
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USD/CAD Price Analysis: Grinds below 1.3400 on BoC dayUSD/CAD portrays the typical pre-event anxiety as it makes rounds to 1.3370-60 during early Wednesday in Asia. In doing so, the Loonie make seesaws ne
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USD/CAD struggles to extend recovery above 1.3380 ahead of BoC policyThe USD/CAD pair is facing barricades in paddling above the immediate resistance of 1.3380 in the Asian session. The Loonie asset is expected to displ
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BoC: Three scenarios and its implications for USD/CAD – TDSEconomists at TD Securities discuss the Bank of Canada (BoC) interest rate decision and its implications for the USD/CAD pair. Hawkish (10%) 50 bps Hi
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