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Canada Interest Rate Decision

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Canada Interest Rate Decision

Frequency

Delivery Method

Website popup

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Status

 
Latest Release
Jan 09, 2019
Actual
1.75%
Forecast
1.75%
Previous
1.75%
Bank of Canada (BOC) governing council members come to a consensus on where to set the rate.Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.

A higher than expected rate is positive/bullish for the CAD, while a lower than expected rate is negative/bearish for the CAD.
Importance:
Country:
Currency: CAD
Source: Bank of Canada
Canada Interest Rate Decision
 
Release Date Time Actual Forecast Previous
Jan 09, 2019 10:00 1.75% 1.75% 1.75%
Dec 05, 2018 10:00 1.75% 1.75% 1.75%
Oct 24, 2018 09:00 1.75% 1.75% 1.50%
Sep 05, 2018 09:00 1.50% 1.50% 1.50%
Jul 11, 2018 09:00 1.50% 1.50% 1.25%
May 30, 2018 09:00 1.25% 1.25% 1.25%

News

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Analysis

Kathy Lien
FX Risk Aversion Intensifies On NFPs By Kathy Lien - Dec 07, 2018

Daily FX Market Roundup 12.07.2018 By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The last month of the year kicked off with a bang but not in the way that many of us would...

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Daily FX Market Roundup 12.06.2018. By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. A convergence of bad news sent equities and currencies tumbling lower. U.S. assets were hit...

BoC Interest Rate Decision Discussion

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