BoC

The Bank of Canada (BOC) is up in a few days! Word around the block is that the central bank will likely keep its interest rate steady in September. What’s up with that and how may CAD traders react? Here are points you need to know if…

Recommended by Daniel Dubrovsky How to Trade Gold The US Dollar broadly underperformed against its major counterparts this past week, with gold prices seeing a strong rally. A root cause of this was somewhat…

Share: Recently, the Canadian Dollar has been able to make up some lost ground. Economists at Commerzbank…

Share: Canadian Dollar rallies to new 2023 highs against the US Dollar on Thursday after the BoC’s…

Looking for another central bank event to trade this week?The BOC decision is coming up while EUR/CAD is closing in on these correction levels. If any of these support areas marked by the Fibonacci retracement tool hold, the uptrend…

You know what’s better for volatility players than an interest rate decision? A policy announcement where markets aren’t 100% sure about the outcome! What exactly are the markets expecting from the BOC and potential price scenarios the…

Share: Until mid-May, the CAD found it difficult to stand its ground against the USD. Recently, however, it…

Australian Dollar, AUD/USD, US Dollar, RBA, BoC, Fed, BoJ, ECB - Talking PointsThe Australian Dollar remains range locked after the US Dollar bounced aroundThe Bank of Canada rate hike has raised questions about the Fed doing the…

USD/CAD TECHNICAL OUTLOOK:The Canadian dollar has strengthened significantly against the U.S. dollar since late MayBank of Canada’s hawkish stance may reinforce recent FX dynamicsUSD/CAD may head lower if the Fed sticks to the script and…

Share: Bank of Canada raises policy rate by 25 basis points to 4.75%.  Loonie jumps across the board…