Will the Bank of Canada hold the rate?
The Bank of Canada’s release of the interest rate is at 17:00 MT time on December 4.
Pay attention to the BOC statement
The Bank of Canada will publish its statement on July 10, at 17:00 MT time. At the same time, the interest rate will be announced.
We do not anticipate any changes to the current interest rate, which is held at 1.75%. But it would be interesting to hear the tone of the statement by the BOC due to the global uncertainties and dovish statements of other major central banks. Let’s find out whether the bank will support the Canadian dollar.
• If the BOC is hawkish, the CAD will rise;
• If the BOC is dovish, the CAD will fall.
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Will the RBA Rate Statement push the Australian dollar up?
The Reserve Bank of Australia’s Rate Statement is at 05:30 MT time on December 3.
Will the Canadian dollar strengthen?
Canada will release its GDP growth rate at 15:30 MT time on November 29.
Latest news
How will the NFP affect the USD?
The Non-Farm Payrolls are out at 15:30 MT time on December 6.
Will the Bank of Canada hold the rate?
The Bank of Canada’s release of the interest rate is at 17:00 MT time on December 4.
Will the RBA Rate Statement push the Australian dollar up?
The Reserve Bank of Australia’s Rate Statement is at 05:30 MT time on December 3.
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