The Bank of Canada (BoC) will decide on interest rates today. The market is firmly convinced that the bank has already completed the cycle of rate hikes after previously raising them by a total of 425 basis points. That's why analysts [...]

The Bank of Canada (BoC) is Canada's central bank. Its task is to ensure that the correct monetary policy is applied in the northern neighbor of the United States. It is important to distinguish BoC from the listed [...]

Markets are now looking towards the ECB meeting. The interest rate in Canada increased by 50bp to 3,75%. This is the highest level since 2008 and higher than in the US, but market expectations were at + 75bp.

Yesterday's macro data from Europe and the USA should be included in the publication of the second caliber. Despite this, the volatility of the main currency pair was quite high and the rate was raised above the downtrend line. From the technical [...]