BREAKING: CAD under pressure after BoC rates decision

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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

6 February 2026, 7:36 AM

Economic calendar: Canadian labor market and Michigan Index (06.02.2026)

5 February 2026, 1:46 PM

🔵 ECB Press Conference (LIVE)

5 February 2026, 1:18 PM

BREAKING: ECB maintains rates in line with expectations!💶

5 February 2026, 12:02 PM

BREAKING: Bank of England holds rates as expected 📌 GBPUSD ticks down on dovish vote split 📉

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