Bank of Canada (BoC) news

The Bank of Canada (BoC) is Canada's central bank. Its principal role is to promote the economic and financial well-being of Canada. The BoC uses monetary policy tools to influence economic activity and maintain the stability of the Canadian financial system.

FX markets and central banks Overview - USD/CAD - AUD/USD

During the week of August 17–21, 2026, major currency pairs rallied against the U.S. dollar amid shifting monetary policy expectations. While accelerated Canadian inflation bolstered the CAD and a cooling job market complicated the RBA’s outlook in Australia, markets looked past hawkish FOMC minutes to price in upcoming Fed rate cuts, driving broad gains led by NZD and AUD.

22-08-2026 00:18 GMT by Moheb Hanna

FOMC minutes, Canadian inflation data, and USD/CAD technical analysis

This report provides a financial analysis for the week of August 17, 2026. It covers market expectations ahead of the July FOMC minutes, noting the debate between inflation risks and a cooling labor market. It also examines Canada’s latest CPI data, highlighting that headline inflation reached 3.0% while core metrics remain steady. Finally, the report includes a USD/CAD daily chart analysis, noting current technical support levels and oversold conditions indicated by the RSI at 29.24.

18-08-2026 12:20 GMT by Moheb Hanna