Canada

The Bank of Canada is the central bank of Canada, responsible for overseeing the country's monetary policy and promoting the economic and financial welfare of Canadians. Here is a brief history and mandate of the Bank of Canada: Trade…

Share: Economists at ING expect the USD/CAD to move below the 1.30 level by the end of the year. Short-term…

The latest global inflation data have come and gone, overall making the outlook on global interest rates a little bit cloudier. Here’s a quick recap of this week’s inflation data and what it may mean for each currency in the short-term!…

Share: Innocan Pharma Corporation (CSE: INNO, FSE: IP4), a pharmaceutical tech company, has announced…

BANK OF CANADA DECISION KEY POINTS:Bank of Canada holds interest rates unchanged at 4.5%, in line with expectationsPolicy statement reiterates that the central bank is prepared to hike rates again if neededUSD/CAD whiplashes, but heads…

Event in Focus:  Bank of Canada Monetary Policy Statement When Will it Be Released:  April 12, Wednesday: 2:00 pm GMT, 3:00 pm London, 10:00 am New York, 11:00 pm Tokyo Consensus Expectations: Likely to hold the policy interest rate at…

Share: USD/CAD is expressing volatility contraction ahead of Fed inflation and Canada’s inflation. The USD…

BANK OF CANADA DECISION:Bank of Canada stands pat on monetary policy, keeping its key interest rate unchanged at 4.50%, in line with expectationsThe bank retains a bearish guidance, signaling that it will hold borrowing costs at current…

Share: Canada’s economy grew at a 0% pace in Q4, annualized, justifying the BoC pause in rate increases.…