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
BREAKING: Fed Dallas Manufacturing above estimates 📈 EURUSD stable around 1.163
BREAKING: Ifo Index Slightly Above Expectations. DE40 limits jump from the session start
Economic calendar: Fed’s interest-rate decision on Wednesday 📄
Morning wrap (27.10.2025)