Bank Of Canada (BoC)

The Bank of Canada held its monetary policy meeting last week on Wednesday. The Central Bank kept interest rates unchanged at 1.75% at its meeting. The Central Bank said that the path of monetary policy would depend on assessing the…
Read More

CADCHF or CAD/CHF is the notation used to designate the currency pair composed of the Canadian Dollar and the Swiss Franc (CHF comes from the formal name of the country, Confoederatio Helvetica, plus Franc). As a less popular cross, it…
Read More

The year 2018 started with a lot of optimism. Investors looked to 2018 with enthusiasm as some of the major economies closed 2017 on a strong note. This came as central bank leaders across the developed economies beat the drum and sang to…
Read More

Summary Economy adds 89,900 in November beating forecasts by a substantial margin Unemployment rate falls to the lowest level since the record-keeping began in the 70s Wage growth fell for the sixth consecutive month despite the…
Read More

The recent GDP numbers from Canada showed that the nation’s gross domestic product expanded for a seventh consecutive month in August. This marked the longest stretch of economic expansion in more than a year. Despite the increase in the…
Read More

The Bank of Canada held its monetary policy meeting last week on Wednesday. Amid a resilient economy, rising inflation and the recently lifted clouds of uncertainty over trade, the BoC was seen hiking interest rates in a…
Read More

USDCAD or USD/CAD is shorthand for the pair composed of the United States Dollar and Canadian Dollar. Often it's called trading the "loonie," as that is a slang term for the Canadian currency. While CAD trades with other currencies, its the…
Read More

The economic data for the week ahead will be dominated by the central bank meetings. The European Central bank, the Bank of Canada and the Norges Bank will be holding their respective monetary policy meetings this week. With the exception…
Read More

The markets open to a busy trading week which marks the first week of September and the final month for the third quarter. Investors will be closely scrutinizing the economic data which is dominated by many economic releases from the United…
Read More

The Bank of Canada was seen hiking interest rates at its monetary policy meeting on Wednesday in what was a close call. However, economists were expecting the BoC to hike rates. The BoC signaled that there was room for more rate hikes and…
Read More