Forex News Trading and Currency Training Analysis Video
Bank of Canada (BOC) will once again meet for their Overnight Rate (Interest Rate) and the decision will be announced today at 9:00am sharp. Along with the rate decision, BOC Carney will also announce a Rate Statement to further explain today’s decision. Here’s what analysts are expecting:
9:00am (NY Time) CA BOC Rate Decision Forecast 0.50% Previous 0.25%
ACTION: USD/CAD Depend on Market Condition and BOC statement.
Bank of Canada (BOC) will once again meet for their Overnight Rate (Interest Rate) and the decision will be announced today at 9:00am sharp. Along with the rate decision, BOC Carney will also announce a Rate Statement to further explain today’s decision. Here’s what analysts are expecting:
9:00am (NY Time) CA BOC Rate Decision Forecast 0.25% Previous 0.25%
ACTION: USD/CAD Depend on Market Condition
9:00am (NY Time) CA BOC Rate Decision Forecast 0.25% Previous 0.25%
ACTION: USD/CAD Depend on Market Condition
BOC (Bank of Canada) will be issuing its Overnight Rate decisions once again today and this meeting will be watched by traders and speculators since interest rate policy serves as a tool to curb inflation and maintain price stability, making this news event probably the most important event for the day.
This is what I wrote for the last two BOC rate decision, I think the situation still remains mostly unchanged:
9:00am (NY Time) CA BOC Rate Decision Forecast 0.25% Previous 0.25%
ACTION: USD/CAD Depend on Market Condition
BOC (Bank of Canada) will renders its Overnight Rate decisions for the first time in 2010, and today’s meeting will be watched by traders and speculators since interest rate policy serves as a tool to curb inflation and maintain price stability, this news event is probably the most important event for the day.
This is what I wrote for the last BOC rate decision, I think the situation still remains mostly unchanged:
9:00am (NY Time) CA BOC Rate Decision Forecast 0.25% Previous 0.25%
ACTION: USD/CAD Depend on Market Condition
BOC (Bank of Canada) will renders its Overnight Rate decisions for the last time in 2009, and today’s meeting will be watched by traders and speculators since interest rate policy serves as a tool to curb inflation and maintain price stability, this news event is probably the most important event for the day.
9:00am (NY Time) CA BOC Rate Decision Forecast 0.25% Previous 0.25%
ACTION: USD/CAD Depend on Market Condition
BOC (Bank of Canada) renders its Overnight Rate decisions 8 times a year and today’s meeting will be widely watched by traders and speculators alike. Since interest rate policy serves as a tool to fight inflation and maintain price stability, this news event is probably the most important event from Canada for currency traders.
9:00am (NY Time) CA BOC Rate Decision Forecast 0.25% Previous 0.25%
ACTION: USD/CAD Depend on Market Condition
BOC (Bank of Canada) council members meet 8 times a year and discuss where to set their current Interest rate. Since interest rate is directly related to inflation, it is probably THE MOST HIGH IMPACT news for traders who trade CAD crosses. But since there are absolutely no expectation for a surprise cut or hike release, market will most likely concentrate on the accompanied statement by BOC Governor.
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