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.

Canadian dollar jumps on strong retail sales

US markets are closed for a holiday and USD/CAD is showing little movement. On Friday, the Canadian dollar soared 0.9% on strong retail sales.

26-05-2025 10:30 GMT by Kenneth Fisher

UK CPI higher than expected, Sterling hits highest level since Feb. 2022

UK inflation surged in April and was higher than expected. This has essentially removed the chances of a rate hike in June. The pound continued to rally and hit its highest level since Feb. 2022.

22-05-2025 08:00 GMT by Kenneth Fisher