Topic

CAD

A collection of 152 issues

CAD Retail Sales m/m, Oct 25, 2024

Canadian Retail Sales Slow Down in October: What Does This Mean for the Loonie? The latest data released by Statistics Canada on October 25, 2024, revealed a significant slowdown in Canadian retail sales. The month-over-month (m/m) change in retail sales came in at a meager 0.4%, falling short

CAD BOC Press Conference, Oct 23, 2024

Bank of Canada Press Conference: Key Insights and Market Impact (October 23, 2024) The Bank of Canada (BOC) held its latest press conference on October 23, 2024, providing crucial insights into its monetary policy stance and its outlook on the Canadian economy. This event carries significant weight within the financial

CAD BOC Press Conference, Oct 23, 2024

The BOC Press Conference: A Key Driver of CAD Volatility The Bank of Canada (BOC) Press Conference, held eight times annually, is a pivotal event for currency traders. This event, typically scheduled on the same day as the BOC's interest rate announcement, serves as a crucial communication channel between the

CAD BOC Monetary Policy Report, Oct 23, 2024

BOC Monetary Policy Report: What to Expect from the October 23rd Release The Bank of Canada (BOC) is set to release its latest Monetary Policy Report on October 23, 2024, a key event for traders and investors closely watching the direction of Canadian monetary policy. This report, released quarterly, provides

CAD BOC Rate Statement, Oct 23, 2024

Decoding the Bank of Canada's Rate Statement: What Traders Need to Know The Bank of Canada (BOC) released its latest Rate Statement on October 23, 2024, providing crucial insights into the country's economic outlook and future monetary policy decisions. This statement carries high impact for traders, influencing currency movements and

CAD Overnight Rate, Oct 23, 2024

Bank of Canada Holds Overnight Rate Steady at 3.75%, Signaling Cautious Approach The Bank of Canada (BOC) held the overnight rate steady at 3.75% on October 23, 2024, aligning with market expectations. This decision comes after the rate was previously reduced from 4.25% in the last announcement.

CAD BOC Rate Statement, Oct 23, 2024

Navigating the Canadian Economy: Understanding the BOC Rate Statement The Bank of Canada (BOC) is the central bank of Canada, responsible for managing monetary policy and ensuring price stability. One of its most important tools for communicating with investors is the BOC Rate Statement, also known as the Interest Rate

CAD Overnight Rate, Oct 23, 2024

Canada's Overnight Rate Holds Steady: Implications for the Canadian Dollar October 23, 2024 - The Bank of Canada (BOC) announced today that it is maintaining the Overnight Rate at 3.75%. This decision aligns with the Bank's previous forecast, signifying a pause in its recent rate tightening cycle. While the

CAD BOC Monetary Policy Report, Oct 23, 2024

The BOC Monetary Policy Report: What to Expect from the Latest Release The Bank of Canada (BOC) is set to release its latest Monetary Policy Report on October 23, 2024. This quarterly report, a crucial document for traders and economists alike, provides detailed insights into the BOC's assessment of the

CAD RMPI m/m, Oct 22, 2024

Canadian Raw Materials Prices Remain Contracted, Signaling Potential Inflation Relief On October 22, 2024, Statistics Canada released the latest data for the Raw Materials Price Index (RMPI), a key indicator of inflationary pressures in the Canadian economy. The report revealed a month-over-month (m/m) decline of -3.1% in September,