USD/CAD: Trading the Bank of Canada Interest Rate Decision
USD/CAD: Trading the Bank of Canada Interest Rate DecisionTrading the News: Bank of Canada Rate Decision
What’s Expected
Time of release: 12/09/2008 14:00 GMT, 09:00 EST Primary Pair Impact : USDCAD Expected: 1.75% Previous: 2.25%
Impact of the Bank of Canada Rate Decision on USDCAD over the last […]
Canadian Labor Market Shrinks, Unemployment Rate Increases
Canadian Labor Market Shrinks, Unemployment Rate Increases
Canadian Employment Change Actual -70.6K, Expected -21.0K, Previous 9.5K
Canadian Unemployment Rate Actual 6.3%, Expected 6.4%, Previous 6.2%
Release Explanation: The release measures the number of jobs created, or the percentage of employed/unemployed in the labor market. A currency will strengthen or weaken in-line with the other releases that the Employment […]
Euro Open: Euro, British Pound In Play As ECB and BOE Promise Massive Rate Cuts
Euro Open: Euro, British Pound In Play As ECB and BOE Promise Massive Rate Cuts
Interest rate announcements from the European Central Bank and the Bank of England headline a packed economic calendar in European trading hours. The ECB is expected to slash rates 0.50% while the BOE is expected to be even more aggressive, shaving […]