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BOC rate hike looms but how will CAD react?

October 24, 2018 7:30 AM
The Bank of Canada is due to increase interest rates to 1.75% at the conclusion of its meeting today. This will be an easy decision thanks to an improving economy and the fact that Canada finally secured a trade deal (USMCA) with its two southern neighbours.

EUR/CAD breaks out ahead of Canada jobs, G7 and ECB meetings

June 7, 2018 12:24 PM
The single currency has performed particularly well against the Canadian dollar, which has been undermined by continued uncertainty over NAFTA negotiations and recent volatility in oil prices.

EUR/CAD could extend drop with Canadian data in focus

May 18, 2018 6:09 AM
Today is fairly light on the data front. The only notable exception will be Canadian inflation and retail sales figures, which will be released later at 13:30 BST (08:30 EDT).