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Canada Interest Rate Decision

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Canada Interest Rate Decision

Frequency

Delivery Method

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Status

 
Latest Release
Jun 05, 2024
Actual
4.75%
Forecast
4.75%
Previous
5.00%
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
Dec 11, 2024 11:00      
Oct 23, 2024 10:00      
Sep 04, 2024 10:00      
Jul 24, 2024 09:45   4.50% 4.75%
Jun 05, 2024 09:45 4.75% 4.75% 5.00%
Apr 10, 2024 09:45 5.00% 5.00% 5.00%

News

Analysis

BoC Interest Rate Decision Discussion

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All Comments (25)
kumarakurumparan umashangar
kumarakurumparan umashangar Jun 07, 2023 9:02AM ET
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positive/bullish for the CAD
World 2K17
World 2K17 Jan 25, 2023 5:58AM ET
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What's the prediction for today?
Revers Team
Revers Team Jan 25, 2023 5:58AM ET
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buy
Manishkumar petkar
Manishkumar petkar Oct 26, 2022 9:18AM ET
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i think today cad interest rate will be increas or forcast equal
Jeff Blacca
Jeff Blacca Jan 22, 2020 4:52AM ET
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For Today`s BOC Interest Rate i predict a bullish outcome so BUY! CADJPY and SELL GBPCAD, EURCAD 20 Secs before release Thank Me Later!
Jeff Blacca
Jeff Blacca Jul 09, 2019 4:25AM ET
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BOC Interest Rate are we ready for some good pips the direction will......i can show you privately
Jeff Blacca
Jeff Blacca May 29, 2019 9:38AM ET
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i Predict a bullish Move so BUY CADXXX exactly 1 min before the news event don`t ask me how i know this thank me later....
Botshelo Brandon Tidimalo
Botshelo Brandon Tidimalo Dec 05, 2018 9:28AM ET
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BUY CAD/CHF @ the release.
paresh pagi
paresh pagi Apr 18, 2018 9:55AM ET
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How far up can USDCAD go for today?
Pasindu Rashmika
Pasindu Rashmika Dec 01, 2017 12:15PM ET
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Hey Guys... Are you really crazy to trust or ask trend direction from comment.. see one of them tell "it will down", and a another one say "it will up"... who is correct...?????  please dear traders trade news with your own risk.. also please check your broker is dealing desk broker or not .. don't waste your money with scam brokers.. please check google for more info.... . Thanks..,. Trade safe..
Sasan FX
Sasan FX Jul 11, 2017 3:15PM ET
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US will go higher aganist CAD, but No matter what I will be ready for both senario's.. If you want see a new easy system for news trading visit my channel on YouTube.. The Channel name is SasanFX 1.
 
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