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.

USD/CAD - Surprisingly strong US PMI surveys, BoC remains cautious

US services PMI rises to 52.9, manufacturing PMI hits 50.3 BoC holds rates USDCAD recovery stalls US economic data was surprisingly strong today, with both the services and manufacturing PMIs comfortably exceeding expectations and reinforcing the message that the economy is in good shape, even getting better. Of course, these are just surveys and can be volatile but the fact both jumped as much as they did and both are now in growth territory is very promising for the economy

24-01-2024 12:10 GMT by Craig Erlam

USD/CAD eyes Bank of Canada decision

Bank of Canada expected to pause US to release manufacturing, services PMIs The Canadian dollar is showing limited movement on Wednesday. In the North American session, USD/CAD is trading at 1.3436, down 0.19%. Bank of Canada expected to pause The Bank of Canada will announce its first rate decision of 2024 later today.

24-01-2024 09:31 GMT by Kenneth Fisher

Market Insights Podcast - Big tech earnings, BoC hawkish hold, ECB preview

26-10-2023 05:13 GMT by Craig Erlam

USD/CAD rises despite quickening Canadian CPI; Commodities stumble except for Natural Gas

15-08-2023 13:02 GMT by Edward Moya

Podcast - US inflation treat, RBNZ pause, BoC hikes again

13-07-2023 00:56 GMT by Craig Erlam

The end of global tightening, Tesla, Chevron, airlines, bitcoin softens

26-01-2023 12:09 GMT by Edward Moya

USD/CAD hits 3-week high ahead of BoC

26-10-2022 06:44 GMT by Kenneth Fisher

Week Ahead - Bring on the Fed