by Ryan Littlestone | April 18th, 2018, 12:16:00 | Bank of Canada, Central Banks
The Bank of Canada is up with their latest monetary policy meeting today and it comes with a press conference. What’s the trade for USDCAD? Here’s some additional thoughts following Kman’s great BOC post yesterday. A potentially big day for USDCAD...
by K-man | April 17th, 2018, 16:47:02 | Bank of Canada, Central Banks
Preview, options and levels Tomorrow will see BOC’s interest rate decision and their quarterly Monetary Policy Report coming out at 14:00 gmt. Expectations for a rate hike from 1.25% to 1.5% stand only at 20% for this month, which leaves room for a surprise...
by K-man | March 7th, 2018, 15:05:05 | Bank of Canada, Central Banks
BOC interest rate decision on 07.03.2018 BoC: global growth solid and broad-based BoC: trade “growing source of uncertainty” BoC: CDN 2017Q4 growth “slower than expected” BoC: inflation running close to 2% target BoC: inflation “consistent with an economy...
by Ryan Littlestone | March 7th, 2018, 13:53:41 | Bank of Canada, Central Banks, News, Technical Analysis
Trading preview ahead of the Bank of Canada monetary policy meeting 7 March 2017 The meeting There’s zero expectation for any rate moves, and because there’s no presser with this one, it’s likely to be a non-event. Any moves will rest on the...
by Ryan Littlestone | January 17th, 2018, 16:31:37 | Bank of Canada, Central Banks
Bank of Canada governor starts speaking Data dependence is illustrated very aptly today NAFTA is a big unknown There’s no unambiguous pre-calculation one can do about how it will affect the economy If economy was completely back to normal, arguably somehwere in...
by Ryan Littlestone | January 17th, 2018, 16:18:05 | Bank of Canada, Central Banks, Sticky 2
Opening comments from the BOC Continued stimulus was still required due to uncertainty over NAFTA Wage pressures remain modest and could indicate some capacity remains in the labour market Rather than typing the headers, here’s the full opening statement while...