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Canada Interest Rate Decision

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Canada Interest Rate Decision

Frequency

Delivery Method

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Status

 
Latest Release
Jul 10, 2019
Actual
1.75%
Forecast
1.75%
Previous
1.75%
Bank of Canada (BOC) governing council members come to a consensus on where to set the rate.Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.

A higher than expected rate is positive/bullish for the CAD, while a lower than expected rate is negative/bearish for the CAD.
Importance:
Country:
Currency: CAD
Source: Bank of Canada
Canada Interest Rate Decision
 
Release Date Time Actual Forecast Previous
Sep 04, 2019 10:00     1.75%
Jul 10, 2019 10:00 1.75% 1.75% 1.75%
May 29, 2019 10:00 1.75% 1.75% 1.75%
Apr 24, 2019 10:00 1.75% 1.75% 1.75%
Mar 06, 2019 11:00 1.75% 1.75% 1.75%
Jan 09, 2019 11:00 1.75% 1.75% 1.75%

News

Forex - Dollar Extends Losses on Fed's Rate Cut Hints
Forex - Dollar Extends Losses on Fed's Rate Cut Hints By Investing.com - Jul 11, 2019 5

Investing.com -- The dollar was mostly lower in early trading in Europe Thursday, extending losses made on Wednesday after Federal Reserve Chairman Jerome Powell dropped his clearest hint yet that the...

Top 5 Things to Know in the Market on Wednesday
Top 5 Things to Know in the Market on Wednesday By Investing.com - Jul 10, 2019 2

Investing.com - Here are the top five things you need to know in financial markets on Wednesday, July 9: 1. Fed's Powell to testify before Congress Federal Reserve Chairman Jerome Powell will be...

Analysis

Kathy Lien
Next 48 Hours Is Make Or Break For Euro By Kathy Lien - 10 hours ago 15

Kathy Lien, Managing Director Of FX Strategy For BK Asset Management Daily FX Market Roundup August 21, 2019 The next 48 hours will be very important for EUR/USD because the currency pair has been...

Kathy Lien
Don’t Buy These 3 Currencies By Kathy Lien - Aug 12, 2019 43

Kathy Lien, Managing Director Of FX Strategy For BK Asset Management Daily FX Market Roundup August 12, 2019 This week’s calendar is a jammed with market moving economic data but these releases...

BoC Interest Rate Decision Discussion

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All Comments (30)
Jeff Blacca
Jeff Blacca Jul 09, 2019 4:25AM ET
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BOC Interest Rate are we ready for some good pips the direction will......i can show you privately
Jeff Blacca
Jeff Blacca May 29, 2019 9:38AM ET
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i Predict a bullish Move so BUY CADXXX exactly 1 min before the news event don`t ask me how i know this thank me later....
Botshelo Brandon Tidimalo
Botshelo Brandon Tidimalo Dec 05, 2018 9:28AM ET
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BUY CAD/CHF @ the release.
paresh pagi
paresh pagi Apr 18, 2018 9:55AM ET
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How far up can USDCAD go for today?
Pasindu Rashmika
Pasindu Rashmika Dec 01, 2017 12:15PM ET
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Hey Guys...Are you really crazy to trust or ask trend direction from comment.. see one of them tell "it will down", and a another one say "it will up"... who is correct...?????  please dear traders trade news with your own risk.. also please check your broker is dealing desk broker or not .. don't waste your money with scam brokers.. please check google for more info.....Thanks..,.Trade safe..
Sasan FX
Sasan FX Jul 11, 2017 3:15PM ET
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US will go higher aganist CAD, but No matter what I will be ready for both senario's..If you want see a new easy system for news trading visit my channel on YouTube..The Channel name is SasanFX 1.
Aldo Gonzalez
Aldo Gonzalez Feb 24, 2017 7:03PM ET
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If the rates get unchanged CAD will go down?
Siam Connor
Siam Connor Jan 18, 2017 9:52AM ET
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guys please be confirm! cad will get strong or weak ?
Koorosh Mohimi
Koorosh Jan 18, 2017 9:52AM ET
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strong
Sasan FX
Sasan FX Jan 18, 2017 9:52AM ET
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Weak
Tone XVI
Tone XVI Jan 21, 2015 11:23AM ET
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Told you guys, just made 75k with 10k. http://www.forexball.com/contests/round/RoundId/178
Muni Venkata Ramana
Muni Venkata Ramana Jan 21, 2015 11:23AM ET
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what is the lot size you placed with ?
HABIB ULLAH KHAN
HABIB ULLAH KHAN Jan 21, 2015 11:23AM ET
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75 thousand usd..really?
Mike Farley
Mike Farley Jan 21, 2015 11:23AM ET
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lol fake money
Tone XVI
Tone XVI Jan 21, 2015 9:20AM ET
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USD/CAD buy (low oil prices).CAD/JPY sell
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