Canadian CPI projects pressure on USDCAD.
This Wednesday the Statistics Canada office will publish the Consumer Price Index data for the month of October. The data that will be published, happens after the annual inflation of September had reached 4.4%, marking a maximum in almost two decades. This fact raises expectations in the market about a possible rate hike at the […]
NFP and unemployment: High impact Friday.
The first week of November closes with two high-impact data in the employment sector. The United States and Canada will report the evolution of non-farm payrolls and the change in the unemployment rate respectively. The Fed announced this Wednesday that it will begin to cut its monthly purchases of bonds from November, with the […]
USDCAD prepares for changes in monetary policy
This Wednesday the Statistics Canada office will publish the Consumer Price Index data for the month of September. The data will be published before the decision that the Bank of Canada will take on the current monetary policy on October 27. The entity maintains the purpose of the recovery of the economy through the […]
Inflation Canada: Keys to USDCAD
This Wednesday the Statistics Canada office will publish the Consumer Price Index data for the month of August. The data will be published after the Bank of Canada’s decision to keep monetary policy unchanged. The entity maintains the purpose of the recovery of the economy through the recovery of employment and acceptable inflationary levels around […]
Employment in Canada: On the Road to Recovery
This Friday the Statistics Office of Canada will report the country’s employment data and the evolution during the month of August. It will be the main data for the Canadian economy, since this Wednesday the Bank of Canada, as expected, decided to maintain its policy. The Bank of Canada chose to keep the asset […]
Canada GDP: Impact on USDCAD
July ends with data on Canadian economic activity. The Statistics Office of Canada will report the GDP data this Friday at 9:30 p.m. Argentina time (GMT-3). Stability is projected for the inflation-adjusted Gross Domestic Product for May, which will be reported in the coming hours. The indicator in April maintained a steep fall from 1.1% […]
Keys to the Canadian interest rate
This Wednesday the Bank of Canada will announce its decision regarding the interest rate. After that, they will make a statement to inform what led to this decision and what the general situation of the economy is, which will allow projecting on future measures. The decision to maintain the same monetary policy is expected to […]
Unemployment rate will affects USDCAD
This Friday the Statistics Canada office will report on the evolution of employment in the last month in the country. Positive data is expected, which could have a strengthening impact on USDCAD. In the period April and May, employment fell and doubts arise regarding the measures taken by the Bank of Canada to evaluate measures […]
BoC will define its monetary policy
This Wednesday the Bank of Canada will meet and publish its decision regarding the interest rate. After it, they will make a statement to inform that it led to said decision. The decision is projected to be to maintain the same monetary policy to maintain the interest rate at 0.25%. Expectations are located in the […]