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Wednesday, July 11, 2018

|>> New Economic Event by FX for Dummies July 11, 2018 at 04:02PM :

" šŸ“Š CAD BoC Interest Rate Decision --- Act: 1.5% Cons: 1.5% Prev: 1.25% --- As expected --- BoC Interest Rate Decision is announced by the Bank of Canada. If the BoC is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the CAD. Likewise, if the BoC has a dovish view on the Canadian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish. "

 

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