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Eyes on the pboc cny rate today after a slump in cnh overnight

The Bank of Canada move reverberated across markets Wednesday:Forexlive Americas FX news wrap: Bank of Canada surprises with another rate hikeThe rate...

June 7, 2023, 11:47 pm

Podcast – china trade, boc hike, sec goes after crypto

OANDA Senior Market Analyst Craig Erlam joins Jonny Hart and Trader Nick to discuss the big stories of the day. They talk about the Chinese trade data...

June 7, 2023, 6:29 pm

boc rate hike rattles stock, bond and gold markets

Stocks are declining after investors got spooked when the Bank of Canada restarted their rate hiking campaign. Canada’s central bank is viewed as on...

June 7, 2023, 6:10 pm

Usd/cad erases the bank of canada move as us dollar rallies broadly

The Canadian dollar is back to where it was before the Bank of Canada decision to hike interest rates by 25 bps. The move took the overnight rate to 4...

June 7, 2023, 5:59 pm

boc surprise hike; further downside for usd/cad?

USD/CAD seen testing major support. The post boc Surprise Hike; Further Downside for USD/CAD? appeared ...

June 7, 2023, 5:48 pm

Eur/usd, gbp/usd, usd/cad, usd/jpy – canadian dollar gains ground as boc raises rates

boc noted that monetary policy was not sufficiently restrictive to push inflation back to the 2% target...

June 7, 2023, 4:24 pm

Bank of canada remains proactive with 25 bp rate hike

Following a two meeting pause, the boc resumed tightening with a 25 bp hike lifting the overnight rate ...

June 7, 2023, 3:11 pm

boc hikes 25bps, inflation concerns increased

boc surprises the markets by raising the overnight rate by 25bps to 4.75% today. Correspondingly, the B...

June 7, 2023, 2:13 pm

Eur/usd price staying bearish around 1.07, eying key data

The EUR/USD pair maintains a bearish bias despite temporary rebounds. The boc could have a big impact o...

June 7, 2023, 12:14 pm

boc decides on rates, chinese exports plunge in may

The Bank of Canada is expected to announce its decision on interest rates on June 6th. Japanese and Eurozone GDP Q1 2023 reports draw attention......

June 7, 2023, 11:45 am

Usd/cad price analysis: markets predict a boc rate hike

On Tuesday, the Canadian dollar reached a nearly four-week high against the greenback. Money markets estimate approximately a 45% probability of the <...

June 7, 2023, 9:04 am

Eur/usd can remain anchored to 1.0700 for now – ing

We have other speakers to keep an eye on today. Barring major dovish remarks, and unless a boc hike has...

June 7, 2023, 8:45 am

Daily forex news and watchlist: aud/cad

Can AUD/CAD sustain its post-RBA rate hike momentum even when the boc makes its policy announcement?......

June 7, 2023, 8:33 am

Bank of canada preview: four analysts’ predictions and cad dollar forecasts

Ahead of today’s key boc monetary policy decision, analysts at ING Bank forecast the Canadian dollar ...

June 7, 2023, 8:14 am

Fx play of the day: can nzd/cad break out during the boc decision?

With the boc likely to announce a “hawkish hold” and the RBNZ approaching the end of its hiking cyc...

June 7, 2023, 8:08 am

Usd/cad analysis: hangs near multi-week low as traders look to boc for fresh impetus

USD/CAD rebounds from a multi-week low touched on Wednesday, albeit lacks follow-through. Sliding Crude Oil prices undermines the Loonie and lends sup...

June 7, 2023, 7:14 am

Usd/cad price analysis: loonie grinds within bearish channel, 1.3450 and boc in focus

USD/CAD aptly portrays the Loonie trader’s cautious mood ahead of the Bank of Canada (boc) Interest R...

June 7, 2023, 6:44 am

Aussie holds strong despite poor china trade data, loonie awaits boc

Australian Dollar is staying generally firm in Asian session today, as supported by hawkish comments from RBA Governor Philip Lowe. More tightening co...

June 7, 2023, 5:20 am

Cad, wti analysis: cad/jpy coils at cycle highs ahead of boc meeting

Taking CAD/JPY as an example, oil prices can be a key driver of the Canadian dollar as it is a key export for the Canadian economy. Appetite for risk ...

June 7, 2023, 4:44 am

boc in focus, a coin flip for hold or hike?

As boc meets today, many observers anticipate the bank will maintain its pause, leaving interest rates ...

June 7, 2023, 4:43 am


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