BoC

  • Forex

USD/CAD: Loonie Gains As Traders Raise Bets on BoC Rate Hikes

The USD/CAD has reversed all Friday's gains and is now trading 0.64% lower after FX market participants priced in a…

Aug 08, 2022, 17:12 BST
  • Forex

USD/CAD: All Eyes on the Bank of Canada’s Rate Decision

The USD/CAD is up 0.47% as the greenback gains traction over its peers this Monday. However, the gains appear capped…

Jul 11, 2022, 12:36 BST
  • Forex

USD/CAD Gains 60 Pips As BoC Holds Rates at 0.25%

The Canadian Dollar lost some ground against the US Dollar as the Bank of Canada elected to leave its key…

Jan 26, 2022, 15:24 GMT
  • Forex

USD/CAD Outlook: Loonie Gains as BoC Chief Says Time for Rate Increases Is “Getting Closer”

The USD/CAD continues to trade lower for the second straight day despite a drop in crude oil prices. The demand…

Nov 15, 2021, 17:52 GMT

US Dollar Weakens After FOMC Delays Tapering of QE

The US Dollar lost ground in the late New York session after the Federal Open Market Committee (FOMC) of the…

Apr 29, 2021, 01:20 BST

USD/CAD Sharply Lower As BoC Tapers Weekly QE Purchases to C$3 billion

The Bank of Canada (BoC) has just announced its interest rate decision, leaving the key rate unchanged at 0.25% at…

Apr 21, 2021, 15:36 BST

USD/CAD Outlook: BoC, USD Weakness Could Lead to a Drop Below 1.2500

The USD/CAD resumed its push lower after a day of respite, as risk-on sentiment held sway in the markets on…

Apr 16, 2021, 18:51 BST

How Will the Bank of Canada (BoC) Decision Affect the USD/CAD?

At 3 pm UTC, the Bank of Canada (BoC) will announce its interest rate decision. Markets expect the key interest…

Mar 10, 2021, 12:45 GMT

USDCAD Retains Bearish Bias After BoC Decision; Aims for Targets Below 1.28

The Bank of Canada (BoC) elected to leave its key interest rate steady at 0.25%. It also opted to leave…

Dec 09, 2020, 16:31 GMT

USDCAD Soars As Bank of Canada (BoC) Keeps Rates Unchanged; Promises More Stimulus

The Loonie took a massive hit this Wednesday as risk aversion took hold of the markets shortly before the onset…

Oct 28, 2020, 15:26 GMT

USDCAD: Loonie Posts 17-day High Against the Greenback as Hurricane Delta Strengthens

The USDCAD resumed the downward move today, hitting the lowest level since September 21 after oil prices rose on the…

Oct 08, 2020, 18:46 BST

USDCAD Lower As Bank of Canada Holds Rates, Crude Oil Prices Rise

USDCAD trades lower as BoC holds rates. Find out reasons for today's price action by signing up today.

Sep 09, 2020, 17:20 BST