USDCAD has become corrective but still maintained the price below 1.37 area. USDCAD volatility increased as the BOC interest rate going to release.
It is apparent from the 7 December USDCAD Fundamental Drivers Outlook, that the CAD lost momentum yesterday after BOC hesitance over future rate hikes.
Rabobank provides its BoC rate decision outlook ahead of the Boc rate announcement tomorrow. Can we expect the rate to be more hawkish than expected?
A CADJPY Harmonic Analysis ahead of BOC Rate Statement will show that the bulls are in charge in the short-term to mid-term.
The first Bank of Canada interest rate hike in seven years took place this Wednesday. The BOC appeared more hawkish than market experts were expecting.
Traders can expect the data-packed day. What will appear as major market movers? Find out with this 26 October Must Watch Daily Forex Events summary.
For the day, we have more high impact economic releases from the Eurozone, UK, Canada. Meanwhile, EURUSD in focus on Draghi speech, awaiting a catalyst to
The Canada interest rate is expected to be held at 0.5% for this month. The central bank has opted to leave interest rates unchanged since May, as they see
Bank of America Merrill Lynch expects the BoC to hold rate 0.50% at today’s BoC meeting, seeing bullish USDCAD risk as it rebounds from Fibonacci 138.2%