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BoC and Loonie Crosses

Bank of Canada's announcement is expected to result in no change in rates and a repeat of the data-driven mantra. Given that recent data...

Central Banks Overview

Nearly all major Global Central Banks have adopted a more formal easing bias in their word cues, with the Fed, ECB and BoJ standing...

Loonie above 1.3500 on BoC’s statement

Bank of Canada pushed aside its rate hike desires as the economy slows, with the dropping of the tightening bias matching expectations. The policy...

Loonie in a descending Triangle

USDCAD, Daily The Dollar majors have been plying narrow ranges in very thin conditions, with European centres remaining closed, along with Hong Kong and Australia,...

Data back a steady BoC

USDCAD The decidedly data dependent Bank of Canada has maintained that the current sluggish growth performance is a detour from the expansionary path that prevailed...

BOC unchanged – Loonie at 1.3440

BoC held rates steady at 1.75%, matching widespread expectations. The bank watered down its commitment to normalization, saying "Governing Council judges that the outlook...

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