Tag: CANADA
Loonie above 1.3500 on BoC’s statement
Bank of Canada pushed aside its rate hike desires as the economy slows, with the dropping of the tightening bias matching expectations.
The policy...
Loonie ahead of CPI and Retail Sales
USDCAD has rebounded from recent losses, tracking a broader price action in the US Dollar. Above forecast data out of the US, including the...
A Sharp Reversal for USDCAD
USDCAD, H1
Canada retail sales fell 0.9% in November after the 0.2% gain in October (revised from +0.3%). The ex-autos sales aggregate contracted 0.6% in...
Inflation, BOC and how CAD could behave today
USDCAD
Today, Canada releases its December inflation figures. The three core CPI measures are expected to hold around the 1.9% rates that were seen in...
BoC Assessment – January 9
A gradual pace of normalization is supported by the December announcement, which revealed a less optimistic view on growth amid likely material weakness in...
BOC at center stage – Could Oil drive its decision?
The Bank of Canada announcement is center stage this week, with no change in the current 1.75% setting for the overnight rate widely expected.
BOC...
