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 gains ground after BoC cut

The Canadian dollar is almost unchanged on Wednesday. In the North American session, USD/CAD is trading at 1.3507 at the time of writing, down 0.02%.

05-09-2024 11:16 GMT by Kenneth Fisher

Canadian dollar steady ahead of BoC decision

The Canadian dollar is showing limited movement on Wednesday. In the European session, USD/CAD is trading at 1.3555 at the time of writing, down 0.08%. BoC expected to cut for third consecutive time All eyes are on the Bank of Canada, which will announce its rate decision later today.

04-09-2024 07:58 GMT by Kenneth Fisher