3:08 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

5 June 2026, 7:04 PM

Daily summary: Nasdaq 100 drops 3%, precious metals and Bitcoin are falling amid US dollar strength

5 June 2026, 3:45 PM

NFP: A turning point for the dollar and the start of a stock market correction?

5 June 2026, 1:31 PM

BREAKING: US Payrolls Skyrocket 🚀 🇺🇸 EURUSD Slumps 0.2% 📉

5 June 2026, 7:07 AM

Economic Calendar: NFP Report from the US Labor Market Takes Center Stage

Economic reports

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