BoCs

The AUD/CAD pair looks set to retest a major inflection point ahead of the Bank of Canada policy decision! In case you missed it, the Canadian dollar was one of the biggest losers yesterday after OPEC+'s decision to extend the…

As expected, the Bank of Canada (BOC) maintained its overnight rate at 5.00% and kept its quantitative tightening program in April. Turned out, there was a “clear consensus” among BOC members to hold their policies steady for the month.…

Central banks are back under the spotlight this week with the RBNZ, BOC, and ECB announcing their April decisions while the Fed publishes its March meeting minutes. We’ll also get more inflation headlines as both the U.S. and…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange,…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange,…

USD/CAD FORECASTUSD/CAD rises as U.S. Treasury yields push higher following strong U.S. economic dataBank of Canada keeps interest rates unchanged, but says additional hikes should not be ruled outBoC’s hawkish hold fails to support the…