Will Bank of Canada raise Interest Rate? High Volatility across CAD pairs are expected

March 1, 2017

Bank of Canada rate decision Today, 01 March 2017.

Will Bank of Canada raise Interest Rate? High Volatility across CAD pairs are expected

Bank of Canada, is going to gather again to make some statements.

Focus on what kind of Positive or Negative statements to be made on the Economy and CAD.

Check out what FXGiants expect today!

  • At its latest gathering, the BoC maintained a neutral bias in the meeting statement, but Governor Poloz was dovish during his press conference.
  • This meeting does not include a press conference, so the focus will be on the language of the accompanying statement.
  • Given the recent progress in economic data, we expect the Bank’s tone to remain neutral, which could support CAD.

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