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Canada Interest Rate Decision

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Canada Interest Rate Decision

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Delivery Method

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Status

 
Latest Release
Apr 24, 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
May 29, 2019 10:00   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%
Dec 05, 2018 11:00 1.75% 1.75% 1.75%
Oct 24, 2018 10:00 1.75% 1.75% 1.50%

News

Forex - Dollar Rides Euro, Loonie Weakness Higher
Forex - Dollar Rides Euro, Loonie Weakness Higher By Investing.com - Apr 24, 2019

Investing.com - The U.S. dollar inched higher against a basket of major currencies Wednesday on a slump in the euro. But gains in the greenback were limited somewhat as the Canadian dollar moved off...

Forex - Loonie Falls As Bank of Canada Keeps Rates Steady
Forex - Loonie Falls As Bank of Canada Keeps Rates Steady By Investing.com - Apr 24, 2019

Investing.com - The greenback rose on Wednesday, while the loonie slumped after the Bank of Canada kept interest rates steady as expected. The U.S. dollar index, which measures the greenback’s...

Analysis

ORBEX
Canada Jobs To Rebound After Falling In March By ORBEX - May 10, 2019

The monthly labor market report from Canada will be coming out later today. Data from Statistics Canada is forecast to show that the economy added 44.1k jobs in April. The unemployment rate,...

BoC Interest Rate Decision Discussion

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All Comments (28)
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
Chondon Golam Moinuddin Hossain
Chondon Golam Moinuddin Hossain Jan 21, 2015 2:12AM ET
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what about this? USD/CAD up or down?
Shehzad Rafiq
Shehzad Rafiq Jan 21, 2015 2:12AM ET
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confrim down
Tone XVI
Tone XVI Jan 21, 2015 2:12AM ET
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I think usd/cad up (low oil prices). Cad/Jpy down
Tone XVI
Tone XVI Jan 21, 2015 2:12AM ET
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USD/CAD UP (low oil prices). CAD/JPY down
M Faizan Faizan
M Faizan Faizan Oct 22, 2014 9:41AM ET
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Conform Down..
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