by Ryan Littlestone | October 27th, 2021, 11:13:11 | Central Banks, News
Today’s BOC meeting may have far greater consequences than just what affects Canada Obviously not dismissing the trading impact of the BOC on CAD, or Canada in general but that may not be the big news. There’s many folks thinking that the BOC will try and...
by Ryan Littlestone | March 6th, 2019, 11:55:41 | Bank of Canada, Central Banks
Forex trading preview ahead of the Bank of Canada monetary policy decision 6 March 2019 Trading today’s BOC decision is a question of judging expectations. CAD has been on the slide since the GDP report and I’m wondering whether it’s gone too far...
by Ryan Littlestone | January 9th, 2019, 15:07:03 | Bank of Canada, Central Banks, News
Highlights from the Bank of Canada monetary policy announcement 9 January 2019 They’ve cut GDP estimates, and the inflation outlook, and are looking for the economy to pick up in Q2. CAD is gaining. They’ve bigged up oil and tied that to global trade...
by Ryan Littlestone | January 9th, 2019, 13:35:36 | News
Time to gear up for the Bank of Canada decision The easy bit first. Expectations for any action today are very low. What might be surprising is that the odds for a hike are zero, yet the odds for a cut stand between 11-15% (between RTRS and BBG models). This is...
by Ryan Littlestone | October 24th, 2018, 13:12:12 | News
Trade update on my USDCAD shorts ahead of the BOC Last week I started shorting USDCAD. My plan was going swimmingly until the Canadian CPI data. Scaling into USDCAD shorts in anticipation of today’s meeting was looking good on Friday as it traded around 1.3030...
