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 | ||||
|---|---|---|---|---|---|
| S&P Global Manufacturing PMI | Bearish change | 49.6 | 48.4 | ||
| Gross Domestic Product (MoM) | Bullish change | -0.1% | 0.2% | ||
| Gross Domestic Product (QoQ) | Bullish change | -0.5% | 0.6% | ||
| Gross Domestic Product Annualized | Bullish change | -1.8% | 2.6% | ||
| Current Account | Bullish change | -21.56B | -9.68B | ||
| Retail Sales (MoM) | Bearish change | 1% | -0.7% | ||
| Retail Sales ex Autos (MoM) | Bearish change | 0.8% | 0.2% |
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Bank of Canada |
| Category: | Central Banks |
| Frequency: | Irregular |