The typical/expected impact on CAD pairs is high.
Recent economic data has been moderately bullish for CAD. The following recent announcements may affect the market reaction to BoC Rate Statement:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Gross Domestic Product (MoM) | (no change) | 0.3% | 0.3% | ||
| Gross Domestic Product (QoQ) | Bullish change | 0.1% | 0.8% | ||
| Gross Domestic Product Annualized | Bullish change | 0.3% | 3.3% | ||
| Current Account | Bullish change | -8.31B | 8.84B | ||
| Retail Sales (MoM) | Bearish change | 1.1% | 0.6% | ||
| Retail Sales ex Autos (MoM) | Bearish change | 1.2% | 0.5% |
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Bank of Canada |
| Category: | Central Banks |
| Frequency: | Irregular |