BREAKING: CAD under pressure after BoC rates decision

The Bank of Canada left its benchmark interest rate unchanged at the effective lower bound of 0.25 %, as widely expected. 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 is being adjusted to a target pace of $2 billion per week. This adjustment reflects continued progress towards recovery and the Bank’s increased confidence in the strength of the Canadian economic outlook.

USDCAD - initially currency pair fell after BoC decision, however buyers manage to quickly regain control and price is heading towards downward trendline. Source: xStation5

13 August 2026, 7:57 AM

Economic Calendar: US PPI, jobless claims and Fed speeches to bring more insight after uneventful CPI (13.08.2026)

12 August 2026, 7:02 PM

Daily Summary: Wall Street Gains After CPI Data 📈 Gold and EURUSD Move Lower

12 August 2026, 1:32 PM

BREAKING: US CPI in line with estimates! EURUSD muted!

12 August 2026, 12:55 PM

Will Inflation Kill the Chances of a September Rate Hike?

Economic reports

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