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Canada Interest Rate Decision

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Canada Interest Rate Decision

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Latest Release
May 24, 2017
Actual
0.50%
Forecast
0.50%
Previous
0.50%
Bank of Canada (BOC) governing council members come to a consensus on where to set the rate.Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.

A higher than expected rate is positive/bullish for the CAD, while a lower than expected rate is negative/bearish for the CAD.
Importance:
Country:
Currency: CAD
Source: Bank of Canada
Canada Interest Rate Decision
 
Release Date Time Actual Forecast Previous
May 24, 2017 10:00 0.50% 0.50% 0.50%
Apr 12, 2017 10:00 0.50% 0.50% 0.50%
Mar 01, 2017 11:00 0.50% 0.50% 0.50%
Jan 18, 2017 11:00 0.50% 0.50% 0.50%
Dec 07, 2016 11:00 0.50% 0.50% 0.50%
Oct 19, 2016 10:00 0.50% 0.50% 0.50%

News

text
Forex - Dollar holds steady after weak U.S. housing data By Investing.com - 53 minutes ago

Investing.com - The dollar held steady against other major currencies on Wednesday, after the release of weak U.S. housing sector data, as investors were still eyeing the minutes of the Federal ...

text
Forex - USD/CAD drops to 1-month lows after BoC holds By Investing.com - 1 hour ago

Investing.com - The U.S. dollar dropped to a one-month low against its Canadian counterpart on Wednesday, as the Bank of Canada left interest rates unchanged and after the release of downbeat U.S. ...

text
Bank of Canada holds rates steady at 0.5%, as expected By Investing.com - 1 hour ago

Investing.com - The Bank of Canada held interest rates steady on Wednesday, as expected, saying that the Canadian economy’s adjustment to lower oil prices is largely complete The BoC kept the ...

Analysis

Boris Schlossberg
USD Catches A Mild Bid By Boris Schlossberg - 4 hours ago

Market Drivers May 24, 2017 Moody’s downgrades China ECB Constancio mildly bullish Nikkei 0.66% Dax -0.21% Oil $51/bbl Gold $1252/oz. Europe and Asia:NZD Trade Balance 572M vs. 268M North ...

BoC Interest Rate Decision Discussion

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All Comments (22)
Aldo Gonzalez
Aldo Gonzalez Feb 25, 2017 12:03AM GMT
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If the rates get unchanged CAD will go down?
Siam Connor
Siam Connor Jan 18, 2017 2:52PM GMT
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guys please be confirm! cad will get strong or weak ?
Koorosh Mohimi
Koorosh Jan 18, 2017 3:04PM GMT
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strong
Tone XVI
Tone XVI Jan 21, 2015 4:23PM GMT
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Told you guys, just made 75k with 10k. http://www.forexball.com/contests/round/RoundId/178
Muni Venkata Ramana
Muni Venkata Ramana Apr 14, 2015 7:01PM GMT
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what is the lot size you placed with ?
HABIB ULLAH KHAN
HABIB ULLAH KHAN Dec 02, 2015 3:13PM GMT
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75 thousand usd..really?
Tone XVI
Tone XVI Jan 21, 2015 2:20PM GMT
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USD/CAD buy (low oil prices).CAD/JPY sell
Chondon Golam Moinuddin Hossain
Chondon Golam Moinuddin Hossain Jan 21, 2015 7:12AM GMT
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what about this? USD/CAD up or down?
Shehzad Rafiq
Shehzad Rafiq Jan 21, 2015 11:06AM GMT
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confrim down
Tone XVI
Tone XVI Jan 21, 2015 12:38PM GMT
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I think usd/cad up (low oil prices). Cad/Jpy down
Tone XVI
Tone XVI Jan 21, 2015 2:19PM GMT
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USD/CAD UP (low oil prices). CAD/JPY down
M Faizan Faizan
M Faizan Faizan Oct 22, 2014 1:41PM GMT
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Conform Down..
sudindranath vp
sudindranath vp Oct 22, 2014 12:19PM GMT
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down
john smith
john smith Sep 03, 2014 1:01PM GMT
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USDCAD up or down?
Ali Raza
Ali Raza Jul 16, 2014 11:55AM GMT
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Cd bulls
Lucki Man
Lucki Man Jul 16, 2014 9:20AM GMT
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Danish Jama wana say something????.
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