3:07 PM · 9 June 2021

Bank of Canada keeps rates unchanged

USD/CAD
Forex
-
-

The Bank of Canada left its benchmark interest rate unchanged at the effective lower bound of 0.25 %, as widely expected. Central bank will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing. The Bank is maintaining its extraordinary forward guidance on the path for the overnight rate. This is reinforced and supplemented by the Bank's quantitative easing (QE) program, which continues at a target pace of $3 billion per week.

USDCAD - initially currency pair fell after however buyers manage to quickly regain control and price is approaching  the resistance at 1.2072

 

14 October 2025, 11:07 AM

BREAKING: US NFIB small business optimism weakens🗽US500 loses 0.8%

14 October 2025, 10:01 AM

BREAKING: German ZEW Data Weaker Than Expected

14 October 2025, 9:15 AM

What Can We Expect from U.S. Bank Earnings This Quarter?

14 October 2025, 7:00 AM

BREAKING: Higher Unemployment Rate in the UK

Join over 1 700 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits