Bank of Canada leaves interest rate unchanged at 1.75%

BOC monetary policy decision on 05.12.2018

• Inflation may be rising slower than expected.
• Rate pace to be influenced by trade policy, rate sensitivity and oil prices.
• Expect less growth momentum in Q4.
• Appropriate rate path depends on “number of factors.

A dovish report. USDCAD shooting towards the 1.3380/00 resistance area, currently 1.3365.
Here is the Statement

• About
• Latest Posts

K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here

Latest posts by K-man (see all)

• #Canada #Employment report preview. - November 5, 2021
• Rotation, ROTATION! - November 24, 2020
• $CNH living on hopium? Big week for the Yuan this. - January 13, 2020