2:08 PM · 13 July 2022

BREAKING: CAD strengthens as BoC rises rates more than expected

The Bank of Canada unexpectedly raised its benchmark interest rate by 100bps to 2.50 % while the markets expected 75bps increase. "Governing Council continues to judge that interest rates will need to rise further, and the pace of increases will be guided by the Bank’s ongoing assessment of the economy and inflation"

Investors will focus now on BoC Governor comments at the press conference regarding the economic outlook, inflation and fiscal policy.

USDCAD broke below 1.3000 after BoC decision . Source:xStation5

13 March 2026, 3:12 PM

BREAKING: Mixed JOLTS & University of Michigan data❓

13 March 2026, 1:05 PM

BREAKING: Canada Labor market keeps deteriorating 📉

13 March 2026, 12:41 PM

BREAKING: PCE in lane, GDP growth slows down! 🔥🚨

13 March 2026, 7:06 AM

Economic Calendar: U.S. PCE Reading in the Spotlight!

Economic reports

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