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CAD drops as BOC drops hawkish bias

March 6, 2019 10:39 AM
As a result of the dovish policy statement, the Canadian dollar slumped.

BOC unlikely to hike but Canadian dollar may rise nonetheless

January 9, 2019 6:10 AM
The Bank of Canada is going to make a decision on whether to follow the US Federal Reserve and hike interest rates by 25 basis points when it concludes its meeting later on today.

Risk-off sentiment prevails

November 20, 2018 7:37 AM
Volatility has not been at these elevated levels for prolonged periods in a while. FX traders will be curious to find out whether the stock market sell-off will gather pace, as this could keep the safe-haven Japanese yen bid, potentially meaning bearish USD/JPY, especially in light of last week’s cautious assessment of the US economy by two Federal ...

CAD/JPY could stage breakout on hawkish BoC

July 10, 2018 10:59 AM
One interesting yen pair to watch this week could actually be the CAD/JPY, due to the Bank of Canada’s rate decision tomorrow.

Bank of Canada steals the show despite not making rate decision

December 14, 2017 1:17 PM
Although we had three central bank meetings in Europe today, the biggest move in the FX markets was triggered by a speech from the Bank of Canada’s Governor this afternoon which sent the Canadian dollar surging higher.